VA SJR28 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 6 2020 - 25% progression, died in chamber
Action: 2020-01-31 - Passed by indefinitely in Rules with letter by voice vote
Text: Latest bill text (Prefiled) [HTML]

Summary

Study; JLARC; feasibility of adjusting the composite index of local ability to pay; report. Requires the Joint Legislative Audit and Review Commission to study the feasibility of adjusting the composite index of local ability to pay by (i) reviewing current statutory, constitutional, and budgetary provisions governing the calculation of Standards of Quality costs and funding; (ii) examining the components of the composite index of local ability to pay; (iii) evaluating other states' public school funding formulas; (iv) hearing local concerns and seeking input from various state and national experts, as applicable; and (v) determining the feasibility of reducing the local share under the Local Composite Index (LCI) in school divisions in which the locality is determined to have above-average fiscal stress or high fiscal stress by the Virginia Commission on Local Government in its most recent "Report on the Comparative Revenue Capacity, Revenue Effort, and Fiscal Stress of Virginia Counties and Cities."

Tracking Information

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Title

Composite index of local ability to pay; JLARC to study feasibility of adjusting.

Sponsors


History

DateChamberAction
2020-01-31SenatePassed by indefinitely in Rules with letter by voice vote
2020-01-06SenateReferred to Committee on Rules
2020-01-06SenatePrefiled and ordered printed; offered 01/08/20 20102344D

Virginia State Sources


Bill Comments

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