VA HB468 | 2012 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on January 10 2012 - 25% progression, died in committee
Action: 2012-02-20 - House: Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 10 2012 - 25% progression, died in committee
Action: 2012-02-20 - House: Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]
Summary
Public school funding; LCI calculation. Requires the Department of Education to adjust its calculation of the composite index of local ability to pay for public education by (i) reducing the maximum LCI of 0.80 by 0.02 each year for a period of 10 years and (ii) using the average of true value of real property, adjusted gross income, taxable retail sales, average daily membership, and total population over the preceding five-year period in calculating the LCI.
Title
Public school funding; Department of Education to adjust local composite index (LCI) calculation.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-20 | House: Left in Appropriations | |
| 2012-01-31 | House: Subcommittee recommends laying on the table by voice vote | |
| 2012-01-16 | House: Assigned App. sub: Elementary & Secondary Education | |
| 2012-01-10 | House: Referred to Committee on Appropriations | |
| 2012-01-10 | House: Prefiled and ordered printed; offered 01/11/12 12102660D |
Subjects
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+HB468 |
| Text | https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB468+hil |
