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2019 Session

Budget Amendments - HB1700 (Conference Report)

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CO - Modify Proposed Bonds

Item C-49.10 #1c

Item C-49.10 #1c

First Year - FY2019 Second Year - FY2020
Central Appropriations
Central Capital Outlay FY2019 $0 FY2020 ($69,000,000) NGF

Language
Page 545, line 28, strike "$80,000,000" and insert "$11,000,000".

Page 545, line 31, strike "$80,000,000" and insert "$11,000,000".

Page 545, strike lines 38 through 41 and insert:

"B. Funds from this item shall be allocated in accordance with provisions established in House Bill 2490 / Senate Bill 1617 of the 2019 General Assembly and shall be used to support the efforts of qualified institutions to increase by fiscal year 2039 the number of new eligible degrees by at least 25,000 more degrees than the number of such degrees awarded in 2018 and to improve the readiness of graduates to be employed in technology-related fields and fields that align with traded-sector growth opportunities identified by the Virginia Economic Development Partnership."



Explanation

(This amendment reduces bonds for a proposed unspecified new capital project and requires the funds to be allocated in accordance with the provisions established in House Bill 2490 / Senate Bill 1617 of the 2019 General Assembly.)