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2026 Session

Budget Bill - HB30 (Introduced)

9(D) Revenue Bonds

Item C-38

Item C-38

1. This Item authorizes the capital projects listed below to be financed pursuant to Article X, Section 9(d), Constitution of Virginia.


2. The appropriations for said capital projects are contained in the appropriation Items listed below and are subject to the conditions in § 2-0 F. of this act.


3. The total amount listed in this Item includes $123,596,678 in bond proceeds.


Agency Name/

Item

Project

Section

Project Title

Code

9(d) Bonds

James Madison University (216)

Construct new parking deck

C-5

18802

$20,000,000

Renovate and expand Festival Conference and Student Center

C-6

18803

$28,840,000

Virginia Military Institute (211)

Construct Center for Leadership and Ethics Facility, Phase II, and Parking Structure

C-29

18542

$11,156,678

Virginia Polytechnic Institute and State University (208)

Expand Virginia Tech-Carilion School of Medicine and Fralin Biomedical Research Institute

C-29

18682

$26,100,000

Construct New Business Building

C-12

18800

$37,500,000

Total for Nongeneral Fund Obligation Bonds 9(d)

$123,596,678