Virginia House Bill 547 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2016 - 25% progression, died in chamber
Action: 2016-02-10 - Tabled in Education by voice vote
Text: Latest bill text (Prefiled) [HTML]

Standards of Quality; apportionment of state and local share. Directs the General Assembly, in apportioning the state and local share of the costs of meeting the Standards of Quality, beginning July 1, 2016, to implement a formula that determines each locality's ability to pay based on the ratios of (i) the reimbursement payment made to the locality for providing tangible personal property tax relief to the reimbursement payments made statewide for providing tangible personal property tax relief; (ii) the total value of real estate in the locality adjusted by the average of the cost of competing index if used for instructional personnel and for support positions to the statewide value of real estate per person; (iii) the local one percent sales tax revenue collected by the locality to the statewide total local sales tax revenue collected; (iv) the assessed value of the personal property taxed by the locality to the statewide assessed value of the local personal property tax; and (v) revenue collected from local lodging, local cigarette, and local meals taxes to the revenue collected statewide from such local lodging, cigarette, and meals taxes. To determine each locality's composite index of ability to pay, (a) the sum of the ratios calculated on the basis of average daily membership for each locality shall be divided by the sum of the average daily membership ratios for all localities; (b) the sum of the ratios calculated on a per capita basis for each locality shall be divided by the sum of the per capita ratios for all localities; and (c) the locality's ratio calculated on the basis of average daily membership shall be multiplied by 0.66, and the locality's ratio calculated on a per capita basis shall be multiplied by 0.33. The sum of the two adjusted ratios in clause (c) shall be the local composite index of ability to pay.

Standards of Quality; apportionment of state and local share.

Del. Vivian Watts [D]

Date	Chamber	Action
2016-02-10	House	Tabled in Education by voice vote
2016-02-03	House	Subcommittee recommends referring to Committee on Appropriations
2016-01-15	House	Assigned Education sub: Elementary and Secondary Education
2016-01-09	House	Referred to Committee on Education
2016-01-09	House	Prefiled and ordered printed; offered 01/13/16 16102351D

Chapter	Article	Section	Citation Type	Statute Text
22	1	253.13:11	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+HB547
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB547+hil