2022 Session

Budget Amendments - HB30 (Committee Approved)

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Adjust Operational Funding for VA529

Item 497 #1h

Item 497 #1h

First Year - FY2023 Second Year - FY2024
Independent Agencies
Virginia College Savings Plan FY2023 ($1,382,245) FY2024 ($1,852,156) NGF
FY2023 -19.00 FY2024 -19.00 FTE

Page 517, line 42, strike "$50,585,338" and insert "$49,203,093".
Page 517, line 42, strike "$52,270,249" and insert "$50,418,093".


(This amendment adjusts the increases proposed in House Bill 30 to the Virginia College Savings Plan's nongeneral fund appropriation and position level. Net of these adjustments, sufficient funding and position level increases remain in the budget for the agency to advance efforts related to the implementation of Chapter 556 of the 2021 Acts of Assembly, Special Session I, and related to enhanced cybersecurity initiatives.)