HB 1633

  • Virginia House Bill
  • 2020 Regular Session
  • Introduced in House Jan 16, 2020
  • Passed House Feb 07, 2020
  • Senate
  • Governor

Education, Board of; school modernization loan interest rate subsidy payments, eligibility.

Abstract

Board of Education; school modernization loaninterest rate subsidy payments; eligibility. Requires the Boardof Education to establish a program to use Literary Fund proceedsto subsidize interest payments on certain loans made by the VirginiaPublic School Authority to local governing bodies and school boardsfor the design and construction of new school buildings and facilitiesor the modernization and maintenance of existing school buildings and facilities as follows: for school divisions in localities determinedto have above-average or high fiscal stress by the Commission onLocal Government in its most recent version of such report, the Boardshall subsidize up to 100 percent of the interest due on such loan.Under current law, eligibility for such interest rate subsidy paymentis based on the local composite index of ability to pay.

Bill Sponsors (1)

Votes


Actions


Mar 02, 2020

Senate

Continued to 2021 in Finance and Appropriations (15-Y 0-N)

Feb 27, 2020

Senate

Rereferred to Finance and Appropriations

Senate

Reported from Education and Health with amendments (12-Y 1-N 2-A)

Feb 18, 2020

Senate

Assigned Education sub: Public Education

Feb 10, 2020

Senate

Referred to Committee on Education and Health

Senate

Constitutional reading dispensed

Feb 07, 2020

House

VOTE: Block Vote Passage (100-Y 0-N)

House

Read third time and passed House BLOCK VOTE (100-Y 0-N)

Feb 06, 2020

House

Read second time and engrossed

Feb 05, 2020

House

Read first time

Feb 03, 2020

House

Reported from Appropriations (18-Y 0-N)

House

Subcommittee recommends reporting (7-Y 0-N)

Jan 30, 2020

House

Assigned App. sub: Elementary & Secondary Education

Jan 29, 2020

House

Referred to Committee on Appropriations

House

Reported from Education (22-Y 0-N)

Jan 27, 2020

House

Subcommittee recommends referring to Committee on Appropriations

House

Subcommittee recommends reporting (7-Y 0-N)

Jan 24, 2020

House

Impact statement from DPB (HB1633)

Jan 21, 2020

House

Assigned Education sub: Pre-K-12

Jan 16, 2020

House

Referred to Committee on Education

House

Presented and ordered printed 20104506D

Bill Text

Bill Text Versions Format
Impact statement from DPB (HB1633) HTML

Related Documents

Document Format
Amendment: HB1633AS HTML

Sources

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