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2025 Session

Budget Bill - HB1600 (Reenrolled)

Department of Accounts Transfer Payments

Item 254

Item 254

First Year - FY2025Second Year - FY2026
Financial Assistance for Health Research (40700)$1,846,151
$2,346,151
$1,846,151
Health Research Grant Administration Services (40701)FY2025 $1,846,151
$2,346,151
FY2026 $1,846,151
Fund Sources:  
GeneralFY2025 $500,000FY2026 $0
Dedicated Special RevenueFY2025 $1,846,151FY2026 $1,846,151

Authority: Title 2.2, Chapter 8, Code of Virginia.


A. The Department of Accounts is authorized to disburse, as fiscal agent for the Commonwealth Health Research Board, funds received from the Virginia Retirement System pursuant to § 32.1-162.28, Code of Virginia.


B. Out of this appropriation, $500,000 the first year from the general fund is provided for deposit to the Florence Neal Cooper Smith Sickle Cell Research Endowment Fund, established by House Bill 2500 of the 2025 Acts of Assembly, held on the books of the Commonwealth, as administered by the Commonwealth Health Research Board.