VA HB837 | 2018 | Regular Session

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 9 2018 - 25% progression, died in committee
Action: 2018-02-13 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

First Chance Trust Fund and First Chance Program. Creates First Chance Trust Fund and First Chance Program. Creates in the state treasury the First Chance Trust Fund (Trust Fund), consisting of (i) any appropriated funds, gifts, donations, grants, bequests, or other funds received on its behalf; (ii) payments required to be withheld by the Department of Corrections on any public contract that exceeds $5,000,000 annually in an amount equal to one percent of the total annual value of such public contract; and (iii) any payments permitted to be withheld by any other agency of the Commonwealth on any public contract that exceeds $5,000,000 annually in an amount no greater than one percent of the total annual value of such public contract. The bill establishes, and requires the Board of Corrections to administer, the First Chance Program (the Program) whereby moneys from the Trust Fund are utilized to award (a) a scholarship to attend a public institution of higher education in the Commonwealth to any student who attends a public high school that is located in a region of the Commonwealth that has a high school dropout rate, poverty rate, or incarceration rate that is higher than the relevant average rate in the Commonwealth or (b) a grant to any private, nonprofit social services organization that is located in a region of the Commonwealth that has a high school dropout rate, poverty rate, or incarceration rate that is higher than the relevant average rate in the Commonwealth. The bill requires the Board of Corrections to report annually to the Chairmen of the House Committee on Appropriations, the House Committee on Courts of Justice, the Senate Committee on Courts of Justice, and the Senate Committee on Finance on the revenues of and expenditures from the Trust Fund in the prior fiscal year and the number, amount, type, and recipients of

Tracking Information

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Title

First Chance Trust Fund and First Chance Program; created, report.

Sponsors


History

DateChamberAction
2018-02-13HouseLeft in Appropriations
2018-02-08HouseSubcommittee recommends continuing to 2019 by voice vote
2018-01-23HouseAssigned App. sub: Public Safety
2018-01-22HouseReferred to Committee on Appropriations
2018-01-22HouseReferred from Education by voice vote
2018-01-09HouseReferred to Committee on Education
2018-01-09HousePrefiled and ordered printed; offered 01/10/18 18103227D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
5316.1(n/a)See Bill Text

Virginia State Sources


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