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2013 Session

Budget Amendments - HB1500 (Conference Report)

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JMU - Eliminate Additional TJ 21 Language and Required Reallocation (language only)

Item 168 #1c

Item 168 #1c

Education: Higher Education
James Madison University

Language
Page 162, line 31, unstrike "$1,245,331".
Page 162, line 31, strike "$3,113,327".
Page 162, after line 34, insert:
"3. James Madison University may reallocate up to an additional 1.5 percent  from current educational and general program funds in the second year to address faculty compensation issues, operation and maintenance of new facilities or other institutional initiatives or priorities."
Page 162, strike lines 43 through 51.


Explanation
(This amendment eliminates the additional language associated with set percentages for the funding categories envisioned under the Higher Education Opportunity Act of 2011 (TJ 21) and the increased reallocation requirement that was included in the introduced budget. An additional 1.5 percent of current educational and general program funds in the second year may be reallocated to institutional priorities.)