2022 Session

Budget Amendments - HB30 (Committee Approved)

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VT - Smart Road

Item 225 #3h

Item 225 #3h

First Year - FY2023 Second Year - FY2024
Higher Education
Virginia Polytechnic Institute and State University FY2023 $2,500,000 FY2024 $2,500,000 GF

Page 243, line 10, strike "$390,037,507" and insert "$392,537,507".
Page 243, line 10, strike "$390,037,507" and insert "$392,537,507".


(This amendment requests additional funding for Virginia Tech to partner with local industries including Volvo Truck, Mack Truck, Torc Robotics (Daimler) and their suppliers to create a unique, world-class future truck research and development center in Southwest Virginia. This critical initiative will utilize a section of I-81, 460, and the Virginia Smart Road as a proving ground for automotive freight vehicles. State support will be leveraged to solidify the university's competitiveness in landing federal and industry support. This initiative was recently selected as a finalist for matching federal funding through the U.S. EDA Regional Challenge; state investment at this critical juncture will bolster the likelihood of winning this challenge, secure federal investment to Southwest Virginia, and attract high-tech companies to the region.)