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2025 Session

Budget Amendments - HB1600 (Conference Report)

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VCCS - Repurpose Funding for New Initiative

Item 201 #2c

Item 201 #2c

First Year - FY2025 Second Year - FY2026
Education: Higher Education
Virginia Community College System FY2025 $0 FY2026 ($15,000,000) GF

Language
Page 269, line 37, strike "$182,100,971" and insert "$167,100,971".

Page 275, strike lines 4 through 45 and insert:

"8. a. No later than May 1, 2025, the Director, Department of Planning and Budget shall transfer $15,000,000 from G3 Program fund balances to Item 130 G. for use in the New Economy Workforce Credential Grant Program.

b. No later than May 1, 2025, the Director, Department of Planning and Budget shall transfer $500,000 from G3 Program fund balances to Item 203 B.3. for the A.L. Philpott Manufacturing Extension Partnership, with Patrick and Henry Community College currently acting as fiscal agent, as a match for a grant from the U.S. Department of Energy to develop the Virginia Smart Manufacturing Accelerator program, covering all of Virginia."



Explanation

(This amendment repurposes the proposed new workforce initiative and transfers fund balances to specific related programs.)