2019 Session

Budget Amendments - HB1700 (Committee Approved)

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VIMS - Remove Proposed New Program

Item 159 #1h

Item 159 #1h

First Year - FY2019 Second Year - FY2020
Education: Higher Education
Virginia Institute of Marine Science FY2019 $0 FY2020 ($386,668) GF
FY2019 0.00 FY2020 -2.75 FTE

Page 198, line 7, strike "$25,640,826" and insert "$25,254,158".

Page 199, strike lines 33 through 38.


(This amendment removes funding proposed in House Bill 1700 as introduced for a proposed new bay survey program. The Committee budget funding levels were limited to the additional dollars available pursuant to the economic reforecast presented in December, identified programmatic savings, and revenues generated by legislation expanding the collection of sales tax attributable to internet sales. All revenues attributable to the Tax Cuts and Jobs Act (TCJA) are captured in the Taxpayer Relief Fund and the Revenue Reserve Fund in Item 475.10. This required removing approximately $1.2 billion in spending compared to House Bill 1700 as introduced.)