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2022 Session

Budget Amendments - SB30 (Committee Approved)

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SCHEV - Virginia Talent + Opportunity Partnership

Item 144 #1s

Item 144 #1s

First Year - FY2023 Second Year - FY2024
Education
State Council of Higher Education for Virginia FY2023 $4,200,000 FY2024 $10,000,000 GF
FY2023 3.00 FY2024 3.00 FTE

Language
Page 185, line 29, strike "$23,410,355" and insert "$27,610,355".
Page 185, line 29, strike "$24,405,355" and insert "$34,405,355".

Page 187, strike lines 14 through 20 and insert:

"L.1. Out of this appropriation, $4,200,000 the first year and $10,000,000 the second year from the general fund is designated for the Innovative Internship Fund and Program, § 23.1-903.4, Code of Virginia. The funding is designated to expand paid or credit-bearing student internships and other work-based learning opportunities in collaboration with Virginia employers so that, over time, every Virginia undergraduate student who wants such an opportunity may access it without extending time to completion of undergraduate study. The Program comprises institutional grants and a collaborative public-private statewide initiative to facilitate the readiness of students, employers, and institutions of higher education to participate in internships and other work-based learning opportunities and to increase participation in such opportunities by smaller employers and by students with limited resources who traditionally have participated at lower rates."

Page 187, after line 38, insert:

"4. To scale up internships and work-based learning opportunities statewide, regionally, and by industry sector or cluster, the Council may take actions to facilitate increased participation in such opportunities by smaller employers and by students with limited resources including, but not limited to: (i) procuring staffing assistance to serve as a clearinghouse for matching students to internships at smaller employers; (ii) providing institutional grants for pilot programs to transform the use of Federal Work-Study resources to support and expand student access to internships and other work-based learning opportunities; and (iii) determining the mechanism to be used to award stipends to qualifying students conditioned upon a Virginia-based employer providing matching compensation and supporting specified learning activities and outcomes. The Council shall allocate up to $3,000,000 the first year and up to $6,000,000 the second year for such stipends. The Council shall, in consultation with institutional and business partners, develop guidelines governing eligibility for such stipends and corresponding employer participation, and shall place particular emphasis on expanding internships and other work-based learning opportunities that align with talent pathway development initiatives undertaken pursuant to Item 115."



Explanation

(This amendment adds $4.2 million GF the first year and $10.0 million the second year to increase the annual appropriation to the Innovative Internship Fund and Program, also known as the Virginia Talent + Opportunity Partnership.)