2024 Session

Budget Amendments - HB30 (Floor Approved)

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Transfer Funding from Virginia Bioscience Health Research Corporation (language only)

Item 3-1.02 #1h

Item 3-1.02 #1h

Interagency Transfers


Page 571, after line 11, insert:

"QQ. On or before June 30 the first year, the State Comptroller shall transfer an estimated $3,393,641 from the Virginia Biosciences Health Research Corporation."


(This amendment transfers $3.3 million in nongeneral funds from the Virginia Bioscience Health Research Corporation (VBHRC) to the general fund. Chapter 56 of the 2020 General Assembly, Special Session I provided $5.0 million in resources to VBHRC to invest in public-private partnerships to help accelerate the research and development of therapeutic drug treatments for COVID-19.)