2002 Session

Budget Bill - HB30 (Introduced)

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Southeastern Universities Research Association, Incorporated

Item 269

Item 269

First Year - FY2003Second Year - FY2004
Financial Assistance for Educational and General Services (11000)$821,275$3,821,275
Sponsored Programs (11004)FY2003 $821,275FY2004 $3,821,275
Fund Sources:  
GeneralFY2003 $821,275FY2004 $821,275
Bond ProceedsFY2003 $0FY2004 $3,000,000

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 Jefferson Lab (formerly CEBAF) located at Newport News, Virginia. This contribution includes funds to support faculty positions and industry-led research that will promote economic development opportunities in the Commonwealth.

B. Out of this appropriation, $3,000,000 from bond proceeds is designated for the construction of an addition to the Free Electron Laser (FEL) facility.

C. This nonstate agency is exempt from the match requirement of § 2.2-1505, Code of Virginia.

D. The general fund portion of this appropriation is operating funds pursuant to provisions of § 4-5.07 d of this act.

E. The general fund portion of this appropriation shall be disbursed in twelve equal monthly installments each fiscal year.