2014 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Colgan
SCHEV - Fund Change to Two-Year Transfer Grant

Item 142 #2s

Item 142 #2s

First Year - FY2015 Second Year - FY2016
Education: Higher Education
State Council of Higher Education for Virginia FY2015 $8,800,000 FY2016 $10,000,000 GF

Page 141, line 5, strike "$72,596,213" and insert "$81,396,213".
Page 141, line 5, strike "$72,596,213" and insert "$82,596,213".

(This amendment would provide $8.8 million GF in the first year and $10.0 million GF in the second year to provide additional funding to the Two-Year Transfer Grant program. This amendment is a companion to legislation to be introduced by Senator Colgan. The legislation generally would allow transfer grant recipients to complete a four-year college degree at two-year college prices. Embedded language in this Item would be updated upon passage of the legislation.)