2001 Session

Budget Bill - HB1600 (Introduced)

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Southeastern Universities Research Association, Incorporated

Item 264

Item 264

First Year - FY2001Second Year - FY2002
Financial Assistance for Educational and General Services (11000)$821,275$821,275
Sponsored Programs (11004)FY2001 $821,275FY2002 $821,275
Fund Sources:  
GeneralFY2001 $821,275FY2002 $821,275

Authority: Discretionary Inclusion.

A. This appropriation represents the Commonwealth of Virginia's contribution to the Southeastern Universities Research Association, Inc., for the support of the Continuous Electron Beam Accelerator Facility Jefferson Lab (formerly CEBAF) located at Newport News, Virginia. Nine faculty positions to be provided by the association are included within this contribution, to be assigned by the Association to further the objectives of CEBAF. This contribution includes funds to support faculty positions and industry-led research that will promote economic development opportunities in the Commonwealth.

B. This nonstate agency is exempt from the match requirement of § 2.1-394.1, Code of Virginia.

C. Funds appropriated are operating funds pursuant to provisions of § 4-5.07 d of this act.

D. This appropriation shall be disbursed in twelve equal monthly installments each fiscal year.