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2023 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Pillion
SCHEV - Workforce Credential Grant Funding

Item 142 #8s

Item 142 #8s

First Year - FY2023 Second Year - FY2024
Education
State Council of Higher Education for Virginia FY2023 $0 FY2024 $4,800,000 GF

Language
Page 207, line 43, strike "$160,378,512" and insert "$165,178,512".

Page 211, line 3, strike and insert:

"G. 1. Out of this appropriation, $13,500,000 the first year and $13,500,000 $18,300,000 the second year".



Explanation

(This amendment provides $4.8 million from the general fund in the second year for the New Economy Workforce Credentials Grant Program. Demand for FY 2023 is estimated to exceed available funding of $13.5 million per year. Increasing the funding level by $4.8 million to a total of $18.3 million per year will ensure that there is sufficient funding for workers seeking reskill or upskill for high-demand jobs.)