2016 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Lewis
VCSP - Fund NGF Comprehensive Compensation Plan

Item 488 #4s

Item 488 #4s

First Year - FY2017 Second Year - FY2018
Independent Agencies
Virginia College Savings Plan FY2017 $485,894 FY2018 $515,380 NGF

Page 414, line 38, strike "$25,593,353" and insert "$26,079,247".
Page 414, line 38, strike "$24,359,984" and insert "$24,875,364".

Page 414 strike lines 50-51.

Page 415 strike line 1.

Page 415, line 2, strike "B." and insert "A.".

Page 415, line 6, strike "C." and insert "B.".


(This amendment would provide $485,894 NGF the first year and $515,380 NGF the second year to fund the Virginia College Savings Plan's (VCSP's) comprehensive compensation plan.  The agency states that it has sufficient nongeneral funds to cover the costs of this plan.  VCSP also asks that the language in paragraph "A." be struck as they feel it is unnecessary.)