Virginia Senate Bill 717

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 19 2024 - 25% progression
Action: 2024-02-01 - Continued to 2025 in Education and Health (15-Y 0-N)
Pending: Senate Education and Health Committee
Text: Latest bill text (Introduced) [HTML]

Public institutions of higher education; duties of governing boards; acceptance and use of donations. Provides that the governing board of each public institution of higher education may receive, take, hold, and enjoy any donation or gift made to such institution or governing board and may use and administer any such donation or gift for the uses and purposes designated by the donor or, if no such specific designation is made, for the general purposes of the institution. The bill provides that in the event that a donor specifically designates any particular use or purpose for a donation or gift, each governing board is required to appropriate such donation or gift and any resulting interest, income, and profits only to such specifically designated use or purpose, provided, however, that if such specifically designated use or purpose fails by any means such that the specifically designated use or purpose is permanently frustrated, the whole donation or gift, including unexpended principal and interest, will revert to and be vested in the donor or his legal representatives.

Higher educational institutions, public; duties of governing boards, acceptance & use of donations.

Sen. Ryan McDougle [R]

2024-02-01 - Senate - Senate: Continued to 2025 in Education and Health (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2024-02-01	Senate	Continued to 2025 in Education and Health (15-Y 0-N)
2024-01-26	Senate	Assigned Education and Health Sub: Higher Education
2024-01-19	Senate	Referred to Committee on Education and Health
2024-01-19	Senate	Presented and ordered printed 24103429D

Chapter	Article	Section	Citation Type	Statute Text
23	1	1304.1	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB717
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB717+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+S04V0075+SB0717