2015 Session

Budget Amendments - HB1400 (Committee Approved)

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VCU HAC Operating

Item 204 #3h

Item 204 #3h

First Year - FY2015 Second Year - FY2016
Education: Higher Education
Virginia Commonwealth University FY2015 $0 FY2016 $1,483,852 GF

Page 179, line 28, strike "$535,493,136" and insert "$536,976,988".
Page 181, after line 42, insert:
"P.1. Out of this appropriation, $1,483,852 the second year from the general fund is provided to address restoration of proposed budget cuts, to incentivize growth of transfer students and costs associated with (i) establishing a business accelerator program to assist entrepreneurs to grow sustainable start-ups and (ii) matching funds from industry to support modeling of the Virginia Port Authority ongoing operations and applied research efforts at the Commonwealth Center for Advanced Logistics Systems (CCALS)."

(This amendment provides additional general fund money to restore a portion of the proposed budget reductions in the introduced budget, to incentivize growth in transfer students and to a business accelerator program and the Commonwealth Center for Advanced Logistics Systems.)