2007 Session

Budget Bill - HB1650 (Chapter 847)

Central Appropriations

Item 463.20

Item 463.20

First Year - FY2007Second Year - FY2008
Two Year College Transfer Grant (11500)$0$1,800,000
Fund Sources:  
GeneralFY2007 $0FY2008 $1,800,000

A. Contingent upon passage of House Bill 1681 and Senate Bill 749, the Director, Department of Planning and Budget shall transfer $1,800,000 from this item to Item 143 for the purpose of providing start-up funding for the Two-Year College Transfer Grant.

B. Once such funds are transferred, the State Council of Higher Education for Virginia shall promulgate regulations for the implementation of the Two-Year College Transfer Grant Program and disburse funds consistent with the provisions of House Bill 1681 and Senate Bill 749.