Virginia Senate Bill 117 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 7 2022 - 25% progression, died in chamber
Action: 2022-02-09 - Incorporated by Finance and Appropriations
Text: Latest bill text (Prefiled) [HTML]

K-12 funding. Provides that for any year in which there is a surplus, the Governor shall include in his proposed budget an appropriation of five percent of such surplus for the operational costs of local school divisions. The bill provides for an equivalent decrease in the amount of operational costs funded by the Lottery Proceeds Fund and an equivalent increase in the amount of funds in the Fund restricted exclusively for local school divisions' capital construction and renovation costs. If the restricted amount is equal to or greater than the amount in the Fund, the increases and decreases are no longer required under the bill.

Local school divisions; budget bill to include appropriation of surplus for operational costs.

Sen. Stephen Newman [R]

2022-02-09 - Senate - Senate: Incorporated by Finance and Appropriations (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2022-02-09	Senate	Incorporated by Finance and Appropriations
2022-01-07	Senate	Referred to Committee on Finance and Appropriations
2022-01-07	Senate	Prefiled and ordered printed; offered 01/12/22 22102043D

SB473 (Similar To) 2022-03-12 - Continued to 2022 Sp. Sess. 1 pursuant to HJR455
SB473 (Similar To) 2022-03-12 - Continued to 2022 Sp. Sess. 1 pursuant to HJR455

Chapter	Article	Section	Citation Type	Statute Text
2	2	1509.5	(n/a)	See Bill Text
58	1	4022.1	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+SB117
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB117+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+SB117F122+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+S05V0197+SB0117