1999 Session

Budget Bill - SB800 (Introduced)

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Secretary of Administration

Item 53

Item 53

First Year - FY1999Second Year - FY2000
Administrative and Support Services (71900)$454,150$456,800
General Management and Direction (71901)FY1999 $454,150FY2000 $456,800
Fund Sources:  
GeneralFY1999 $454,150FY2000 $456,800

Authority: Title 2.1, Chapter 5.6 and § 2.1-51.10:1, Code of Virginia.

A. Out of the appropriation in Item 85, an amount not to exceed $624,789 the first year and $629,167 the second year from the general fund shall be used to fund the salary and support costs of the Century Date Change Initiative Project Office. The Project Office shall report directly to the Secretary of Administration and serve as the authorized coordinator for the Century Date Change Initiative.

B. The Secretary of Administration, in conjunction with the Commonwealth Competition Council, the Department of Planning and Budget, and the Secretary of Finance, shall study the necessary resources, staffing, and other requirements, including the need for appropriate legislation, to establish an employee stock ownership plan (ESOP) information and resource service within the Executive Department. A report of the findings and recommendations shall be made to the Governor and the 1999 General Assembly.