HB 1972

  • Virginia House Bill
  • 2019 Regular Session
  • Introduced in House Jan 07, 2019
  • Passed House Feb 05, 2019
  • Senate
  • Signed by Governor Mar 25, 2019

Virginia College Savings Plan; prepaid tuition contracts, etc.

Abstract

Makes several changes to the provisions that establish the Virginia College Savings Plan (the Plan), including (i) permitting the Plan to maintain an independent disbursement system for the disbursement of prepaid tuition contract benefits and (ii) requiring each prepaid tuition contract entered into on or after July 1, 2019, to include provisions for the application of tuition prepayments, at a rate equal to the percentage of enrollment-weighted average tuition at public institutions of higher education to be determined by the board, at (a) public institutions of higher education, (b) accredited nonprofit independent or private institutions of higher education, and (c) non-Virginia public and accredited nonprofit independent or private institutions of higher education, provided that no such payment is less than the sum of tuition prepayments made, less any fees as determined by the board. This bill is identical to

Bill Sponsors (9)

Votes


Actions


Mar 25, 2019

Office of the Governor

Approved by Governor-Chapter 803 (effective 7/1/19)

Mar 04, 2019

House

Enrolled Bill communicated to Governor on March 4, 2019

Office of the Governor

Governor's Action Deadline Midnight, March 26, 2019

Feb 22, 2019

House

Signed by Speaker

House

Enrolled

Senate

Signed by President

Feb 20, 2019

Senate

Read third time

Feb 14, 2019

Senate

Rereferred to Finance

Feb 06, 2019

Senate

Constitutional reading dispensed

Senate

Referred to Committee on Education and Health

Feb 05, 2019

House

Read third time and passed House BLOCK VOTE (99-Y 0-N)

Feb 04, 2019

House

Printed as engrossed 19101659D-E

House

Read second time

House

Committee amendment from Education agreed to

House

Committee amendment from Appropriations agreed to

House

Emergency clause deleted

House

Engrossed by House as amended HB1972E

Feb 01, 2019

House

Read first time

Jan 21, 2019

House

Assigned App. sub: Higher Education

House

Referred to Committee on Appropriations

Jan 14, 2019

House

Subcommittee recommends referring to Committee on Appropriations

Jan 11, 2019

House

Assigned Education sub: Subcommittee #3

Jan 07, 2019

House

Prefiled and ordered printed with emergency clause; offered 01/09/19 19101659D

House

Referred to Committee on Education

Bill Text

Bill Text Versions Format
House amendments adopted HTML
House subcommittee amendments and substitutes adopted HTML
House: Prefiled and ordered printed with emergency clause; offered 01/09/19 19101659D HTML
House: Printed as engrossed 19101659D-E HTML
House: Bill text as passed House and Senate (HB1972ER) HTML
Governor: Acts of Assembly Chapter text (CHAP0803) HTML

Related Documents

Document Format
No related documents.

Sources

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