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2026 Special Session I

Budget Bill - HB30 (Chapter)

Department of Accounts Transfer Payments

Item 257

Item 257

First Year - FY2027Second Year - FY2028
Financial Assistance for Health Research (40700)$1,846,135$1,846,135
Health Research Grant Administration Services (40701)FY2027 $1,846,135FY2028 $1,846,135
Fund Sources:  
Dedicated Special RevenueFY2027 $1,846,135FY2028 $1,846,135

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. On or before August 1, 2026, the Director, Department of Planning and Budget, shall transfer balances from fund 09006 in Agency 162 to fund 09006 in Agency 236. Transferred amounts shall be utilized to support the Florence Neal Cooper Smith Sickle Cell Research Endowed Chair.