Virginia Senate Bill 468

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-02-08 - Continued to 2025 in Education and Health (15-Y 0-N)
Pending: Senate Education and Health Committee
Text: Latest bill text (Prefiled) [HTML]

Certain school divisions; cost-savings agreements; requirements. Removes the limitation on any school board that enters into certain cost-savings agreements with a school board that governs a contiguous school division for the consolidation or sharing of educational, administrative, or support services and thus qualifies for adjustment of state share of basic aid computed annually on the basis of the composite index of local ability-to-pay of such contiguous school division that caps such adjusted basic aid payment at an amount equal to the basic aid payment appropriated to such locality by the 2007 Session of the General Assembly. The bill also permits, notwithstanding the requirement set forth in relevant law that a school division has 65 percent or more of its local taxes coming from real estate taxes in order for the school board that governs such school division to be eligible to enter into such cost-savings agreements with a contiguous school division, the Bath County School Board to enter into such cost-savings agreements with the Augusta County School Board, provided that all other conditions and limitations set forth in relevant law apply to any such agreement.

Bath County and Augusta County School Boards; cost-savings agreements, requirements.

Sen. Mark Obenshain [R]

2024-02-08 - Senate - Senate: Continued to 2025 in Education and Health (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2024-02-08	Senate	Continued to 2025 in Education and Health (15-Y 0-N)
2024-01-30	Senate	Assigned Education and Health Sub: Public Education
2024-01-09	Senate	Referred to Committee on Education and Health
2024-01-09	Senate	Prefiled and ordered printed; offered 01/10/24 24103064D

HB1029 (Similar To) 2024-01-31 - Continued to 2025 in Education by voice vote

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB468
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB468+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+SB468F122+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+S04V0123+SB0468