Authority: Title 23, Chapter 11.1, Code of Virginia.
A. Included in Item 291, Paragraph C 3 of this act is $962,840 from the general fund and $103,127 in nongeneral funds the first year and $886,143 from the general fund and $103,127 in nongeneral funds the second year to support the debt service on bonds issued by the Virginia College Building Authority to finance equipment. The Treasury Board transfer to the Virginia College Building Authority on July 1, 2000, the amounts in the first year, and on July 1, 2001, the amounts in the second year to support the authority's debt obligation.
B. This appropriation authorizes Radford University to charge students a technology service fee in conformity with § 4-2.01 c of this act. This appropriation includes $386,118 the first year and $386,118 the second year from nongeneral funds, the unexpended balance of which shall not revert to the general fund in any fiscal year but shall be carried forward on the books of the Department of Accounts and allotted for expenditure each July 1. The fee charged resident undergraduate students each year shall not exceed one percent of the total of tuition and required fees charged in FY 1998, and the amounts appropriated in this Item reflect that policy. The Department of Planning and Budget shall allot technology fee revenues in excess of the amounts appropriated in this Item provided that the revenues are not generated by resident undergraduate students and provided that such revenues reflect a fee that does not exceed three percent of the total of tuition and required fees charged in FY 1998 to nonresident undergraduate students and three percent of the total of tuition and required fees charged in FY 1998 to graduate and professional students.
C. 1. Out of this appropriation, $257,500 the first year and $257,500 the second year in nongeneral funds is designated to support technology education initiatives, including information technology degree programs and technology training for faculty and students.
2. In addition to the appropriation in this Item, the Tobacco Indemnification and Community Revitalization Commission is authorized to supplement technology education efforts by an additional $998,083 the first year and $2,027,545 the second year for technology degree programs, and $1,192,322 the first year and $1,167,359 the second year for technology training programs, from amounts appropriated in Item 545 of this act. The Director, Department of Planning and Budget, may transfer up to $2,190,405 the first year and $3,194,904 the second year from the appropriation in Item 545 to this Item upon notification by the Commission that it has acted on this authorization.