Bill Text: VA HB702 | 2024 | Regular Session | Prefiled
Bill Title: Public school funds; state share for basic aid, basic aid and supplemental basic aid payment limit.
Spectrum: Bipartisan Bill
Status: (Introduced) 2024-02-13 - Left in Appropriations [HB702 Detail]
Download: Virginia-2024-HB702-Prefiled.html
24100158D
HOUSE BILL NO. 702
Offered January 10, 2024
Prefiled January 9, 2024
A BILL to amend and reenact the third enactment of Chapter 589
of the Acts of Assembly of 2008, relating to public school funds; state share
for basic aid; basic aid and supplemental basic aid payment limit.
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Patron-- Webert
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Committee Referral Pending
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Be it enacted by the General Assembly of Virginia:
1. That the third enactment of Chapter 589 of the Acts of Assembly of 2008 is amended and reenacted as follows:
3. That additional funds to a school board as a result of
this Act act
shall not be paid unless there is a specific appropriation for such additional
funds in the appropriation act at the time payment is proposed, and in no event shall any payments be made prior
to July 1, 2010, or will the sum of the basic aid payment and the supplemental
basic aid payment exceed the basic aid payment that the locality received
pursuant to Chapter 847 of the Acts of Assembly of 2007.