2016 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Obenshain
Co-Patron(s): Hanger
CO - JMU - Property Conveyance Language (language only)

Item C-0 #2s

Item C-0 #2s

General Conditions
General Conditions


Page 421, after line 7, insert:

"d. The General Assembly further authorizes James Madison University to convey ownership of certain portions of real property to the James Madison University Foundation (JMUF), to be held by the JMUF and used solely for the purpose of the construction and operation of facilities which directly support the University.  Any such conveyance shall be pursuant to a written agreement and deed approved by the Attorney General and any agreement or deed executed hereunder shall stipulate that the JMUF may not further transfer ownership of such real property to any person or public or private entity unless such transfer of such real property or any portion thereof is to James Madison University.".


(This amendment is self-explanatory.)