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2020 Session

Budget Amendments - HB30 (Floor Approved)

VCU - Plan New Arts and Innovation Building

Item C-22.20 #1h

Item C-22.20 #1h

First Year - FY2021 Second Year - FY2022
Education: Higher Education
Virginia Commonwealth University FY2021 $5,000,000 FY2022 $0 NGF

Language
Page 489, after line 14, insert:

"C-22.20 Planning: New Arts and Innovation Building$5,000,000$0
Fund Sources:  Higher Education Operating $5,000,000 $0 "

Page 489, after line 14, insert:

"A. In accordance with Chapter 15.1 (§ 2.2-1515 et seq.) of Title 2.2 of the Code of Virginia, Virginia Commonwealth University shall submit its completed detailed planning documents to the Six-Year Capital Outlay Plan Advisory Committee for its review and recommendation.  However, no planning documents pursuant to this item shall be submitted to the Governor or the General Assembly prior to July 1, 2022.

B. Virginia Commonwealth University shall be reimbursed for all nongeneral funds used when the project is funded to move into the construction phase."



Explanation

(This amendment provides nongeneral fund authority for VCU to continue planning of the new Arts and Innovation Building.)