2019 Session

Budget Amendments - HB1700 (Committee Approved)

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VSU - Remove New Proposal

Item 227 #2h

Item 227 #2h

First Year - FY2019 Second Year - FY2020
Education: Higher Education
Virginia State University FY2019 $0 FY2020 ($299,286) GF
FY2019 $0 FY2020 ($224,464) NGF

Page 245, line 23, strike "$73,668,030" and insert "$73,144,280".

Page 247, strike lines 3 through 8.


(This amendment removes funding proposed in House Bill 1700 as introduced for a new graduate engineering 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. )