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2021 Special Session I

Budget Amendments - HB1800 (Conference Report)

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VCU - Acquire ABC Property

Item C-22.10 #1c

Item C-22.10 #1c

First Year - FY2021 Second Year - FY2022
Education
Virginia Commonwealth University FY2021 $0 FY2022 $14,700,000 GF
FY2021 $0 FY2022 $1,300,000 NGF

Language
Page 619, line 36, strike "$0" and insert "$16,000,000".

Page 619, line 37, before "The", insert "A."

Page 619,  after line 39, insert:

B. 1. Out of this appropriation $14,700,000 the second year from the general fund and $1,300,000 the second year from nongeneral funds is provided to proceed with the sale of property by the Virginia Alcoholic Beverage Control Authority to Virginia Commonwealth University.

2. The general fund provided in this item shall be applied to offset any future state share related to the construction of educational space that is a part of the overall project."



Explanation

(This amendment authorizes the sale of the property by the Virginia Alcoholic Beverage Control Authority to Virginia Commonwealth University.)