Virginia House Bill 1048 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Democrat 7-2)
Status: Introduced on January 9 2008 - 25% progression, died in chamber
Action: 2008-02-12 - House: Left in Education

Education; computation of composite index. Codifies the current Standards of Quality (SOQ) funding formula and calculation of composite index of local ability-to-pay, and modifies the formula that determines each locality's ability to pay for its share of providing an educational program meeting the prescribed SOQ to (i) incorporate tax values and population estimates for the fiscal year ending one year prior to the fiscal biennium in which the distribution takes place; (ii) provide for a population density adjustment in certain localities; and (iii) incorporate median, rather than average, adjusted gross income. This measure reflects certain recommendations included in the Joint Legislative Audit and Review Commission (JLARC) Review on Elementary and Secondary School Funding (February 2002).

Education; computation of composite index.

Del. David Albo [R]	Del. Kristen Amundson [D]	Del. David Bulova [D]	Sen. Dave Marsden [D]
Del. Kenneth Plum [D]	Del. Thomas Rust [R]	Del. James Scott [D]	Del. Mark Sickles [D]
Del. Vivian Watts [D]

Date	Chamber	Action
2008-02-12		House: Left in Education
2008-01-09		House: Referred to Committee on Education
2008-01-09		House: Prefiled and ordered printed; offered 01/09/08 084522784

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+HB1048