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2017 Session

Budget Bill - HB1500 (Introduced)

Southeastern Universities Research Association Doing Business for Jefferson Science Associates, LLC

Item 254

Item 254

First Year - FY2017Second Year - FY2018
Financial Assistance For Educational and General Services (11000)$1,342,566
$1,275,438
$1,342,568
$1,275,440
Sponsored Programs (11004)FY2017 $1,342,566
$1,275,438
FY2018 $1,342,568
$1,275,440
Fund Sources:  
GeneralFY2017 $1,342,566
$1,275,438
FY2018 $1,342,568
$1,275,440

Authority: Discretionary Inclusion.


A. This appropriation represents the Commonwealth of Virginia's contribution to the Southeastern Universities Research Association Doing Business for 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. An amount of $1,400,000 the first year and $1,000,000 the second year from the general fund is designated for the electron ion collider project from amounts appropriated under Item 106 A.1. of this act.


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