Bill Text: VA HB1969 | 2019 | Regular Session | Prefiled

Bill Title: School boards; unexpended local funds.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Introduced - Dead) 2019-02-05 - Left in Appropriations [HB1969 Detail]

Download: Virginia-2019-HB1969-Prefiled.html
Offered January 9, 2019
Prefiled January 7, 2019
A BILL to amend and reenact §22.1-100 of the Code of Virginia, relating to school boards; unexpended local funds.
Patron-- Delaney
Committee Referral Pending

Be it enacted by the General Assembly of Virginia:

1. That §22.1-100 of the Code of Virginia is amended and reenacted as follows:

§22.1-100. Unexpended school and educational funds.

All sums of money derived from the Commonwealth which that are unexpended in any year in any school division shall revert to the fund of the Commonwealth from which derived unless the Board of Education directs otherwise. All sums derived from local funds unexpended in any year shall remain a part of the funds of the governing body appropriating the funds school board for use the next year, but no local funds shall be subject to redivision outside of the locality in which they were raised.