VA HB2399 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 17 2023 - 25% progression, died in committee
Action: 2023-02-07 - Left in Education
Pending: House Education Committee
Text: Latest bill text (Introduced) [HTML]

Summary

School boards; unexpended local funds; capital reserve fund permitted. Permits any school board to establish a capital reserve fund as a savings account into which it exclusively deposits the local operating funds that remain unexpended at the end of the year for future school division capital expenditures at no additional cost to local taxpayers, subject to certain conditions enumerated in the bill.

Tracking Information

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Title

School boards; unexpended local funds, capital reserve fund permitted.

Sponsors


Roll Calls

2023-01-24 - House - House: Subcommittee failed to recommend reporting (3-Y 5-N) (Y: 3 N: 5 NV: 0 Abs: 0) [FAIL]

History

DateChamberAction
2023-02-07HouseLeft in Education
2023-01-24HouseSubcommittee failed to recommend reporting (3-Y 5-N)
2023-01-23HouseAssigned Education sub: K-12
2023-01-17HouseReferred to Committee on Education
2023-01-17HousePresented and ordered printed 23102727D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
221100(n/a)See Bill Text
221100.1(n/a)See Bill Text

Virginia State Sources


Bill Comments

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