VA HB559 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on January 11 2022 - 25% progression, died in committee
Action: 2022-02-15 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]
Status: Introduced on January 11 2022 - 25% progression, died in committee
Action: 2022-02-15 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]
Summary
Local school boards; composite index of local ability-to-pay; required local effort; adjustment in certain circumstances. Provides that in any case in which a local school board enters into a comprehensive agreement with a private entity pursuant to the Public-Private Education Facilities and Infrastructure Act of 2002 whereby the private entity finances the construction of a new public school building in the local school division through the issuance of bonds; leases the building to the local school board in an arrangement such as a certificate of participation, a double net lease, or a triple net lease; and expects the local school board to make lease payments in an annual amount that approximates or is equal to the annual debt service on such bonds, the Department of Education shall not consider 50 percent of such lease payments as capital outlay and debt service and therefore shall not subtract such payments in the biennial calculation of net local expenditures for operations or required local effort for the purpose of determining such local school division's composite index of local ability-to-pay, if so requested by the local school board.
Title
School boards, local; composite index of local ability-to-pay, required local effort.
Sponsors
Roll Calls
2022-02-09 - House - House: Subcommittee recommends laying on the table (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 1) [PASS]
2022-02-07 - House - House: Reported from Education with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-02 - House - House: Subcommittee recommends reporting with substitute (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-07 - House - House: Reported from Education with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-02 - House - House: Subcommittee recommends reporting with substitute (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-02-15 | House | Left in Appropriations |
| 2022-02-09 | House | Subcommittee recommends laying on the table (8-Y 0-N) |
| 2022-02-07 | House | Assigned App. sub: Elementary & Secondary Education |
| 2022-02-07 | House | Referred to Committee on Appropriations |
| 2022-02-07 | House | Committee substitute printed 22105023D-H1 |
| 2022-02-07 | House | Reported from Education with substitute (22-Y 0-N) |
| 2022-02-02 | House | Subcommittee recommends referring to Committee on Appropriations |
| 2022-02-02 | House | Subcommittee recommends reporting with substitute (8-Y 0-N) |
| 2022-02-01 | House | Assigned Education sub: Early Childhood/Innovation |
| 2022-01-11 | House | Referred to Committee on Education |
| 2022-01-11 | House | Prefiled and ordered printed; offered 01/12/22 22103839D |
