Bill Text: VA SB1109 | 2017 | Regular Session | Prefiled
Bill Title: State-level charitable contribution deductions; elimination of certain deductions.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2017-02-01 - Passed by indefinitely in Finance with letter (16-Y 0-N) [SB1109 Detail]
Download: Virginia-2017-SB1109-Prefiled.html
Be it enacted by the General Assembly of Virginia:
1. That §23.1-638 of the Code of Virginia is amended and reenacted as follows:
§23.1-638. Eligibility; amount of grants; renewals.
A. Only students who (i) are accepted for full-time
enrollment as dependent students
at a public institution of higher education; (ii) are not receiving a Virginia
Commonwealth Award; (iii) demonstrate financial need as determined by the
Council according to the congressional methodology for determining financial
need and eligibility for financial aid; and (iv) are either (a) Virginia
students who graduated from a high school in the Commonwealth with a cumulative
grade point average of at least 2.5 on a scale of 4.0 or its equivalent or (b)
are dependent children of active duty military personnel residing outside the
Commonwealth pursuant to military orders, claiming Virginia on their State of
Legal Residence Certificate, and satisfying the domicile requirements for such
active duty military personnel pursuant to § §§
23.1-502 and 23.1-504 and graduated from a high school within or
outside the Commonwealth with a cumulative grade point average of at least 2.5
on a scale of 4.0 or its equivalent are eligible to receive such grants.
B. All grants shall be awarded for one award year and may be
renewed annually for no more than three
subsequent award years as
follows: (i) no recipient shall
receive a subsequent grant until he has
satisfied the requirements to advance to the
next class level; (ii) no
recipient shall receive more
than one year of support per class level for a maximum
total of two years of support at an
associate-degree-granting public institution of
higher education or more than one year of
support per class level for a maximum total of four years
of support at a baccalaureate public institution of
higher education; and (iii) no
recipient shall receive more than a
combined lifetime total of four years of support, if the
recipient:
1. Maintains a cumulative grade point average of at least 2.0 on a scale of 4.0 or its equivalent;
2. Demonstrates continued financial need;
3. Makes satisfactory academic progress toward a degree, earning not less than the minimum number of hours
of credit required for full-time standing in each academic period during
enrollment at a public institution of higher education; and
4. Maintains continuous full-time enrollment for not less than two semesters or three quarters in each successive award year unless the Council grants the recipient an exception for cause.
C. Beginning with first-time students enrolled in the fall semester in 2018, public institutions of higher education may provide larger awards to students in a higher class level or to students who enroll in 15 or more credit hours per semester.
2. That the provisions of this act shall become effective beginning with the first-time entering freshman class of the fall 2018 academic year.
