2012 Session

Budget Bill - SB30 (Introduced)

View Item amendments

Jefferson Science Associates, LLC

Item 252

Item 252

First Year - FY2013Second Year - FY2014
Financial Assistance for Educational and General Services (11000)$1,649,891$1,649,891
Sponsored Programs (11004)FY2013 $1,649,891FY2014 $1,649,891
Fund Sources:  
GeneralFY2013 $1,649,891FY2014 $1,649,891

Authority: Discretionary Inclusion.

A. This appropriation represents the Commonwealth of Virginia's contribution to the Jefferson Science Associates, LLC, for the support of the Thomas Jefferson National Accelerator Facility (Jefferson Lab) 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, $500,000 the first year and $500,000 the second year from the general fund is designated to expand Jefferson Lab's current research and technology potential, which will encourage broader scientific collaboration among the Commonwealth's research institutions and accommodate more students and faculty in science, technology, engineering, and mathematics (STEM)-related research pursuits, consistent with the objectives of the Higher Education Opportunity Act of 2011.

C. This nonstate agency is exempt from the match requirement of § 2.2-1505, Code of Virginia and § 4-5.05 of this act.