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2023 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Edwards
SCHEV - State Share of Costs

Item 142 #4s

Item 142 #4s

First Year - FY2023 Second Year - FY2024
Education
State Council of Higher Education for Virginia FY2023 $0 FY2024 $100,000,000 GF

Language
Page 207, line 43, strike "$160,378,512" and insert "$260,378,512".


Explanation

(This amendment provides funding to increase the state's share of the cost of higher education from the current 50-50 split between students and the state to get closer to the official policy of 67% of costs. Funds are provided to SCHEV to determine the distribution to public institutions.)