VA SB717 | 2025 | Regular Session

Note: Carry Over of previous SB717

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 19 2024 - 25% progression
Action: 2024-02-01 - Continued to 2025 in Education and Health (15-Y 0-N)
Pending: Senate Education and Health Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Public institutions of higher education; duties of governing boards; acceptance and use of donations. Provides that the governing board of each public institution of higher education may receive, take, hold, and enjoy any donation or gift made to such institution or governing board and may use and administer any such donation or gift for the uses and purposes designated by the donor or, if no such specific designation is made, for the general purposes of the institution. The bill provides that in the event that a donor specifically designates any particular use or purpose for a donation or gift, each governing board is required to appropriate such donation or gift and any resulting interest, income, and profits only to such specifically designated use or purpose, provided, however, that if such specifically designated use or purpose fails by any means such that the specifically designated use or purpose is permanently frustrated, the whole donation or gift, including unexpended principal and interest, will revert to and be vested in the donor or his legal representatives.

Tracking Information

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Title

Higher educational institutions, public; duties of governing boards, acceptance & use of donations.

Sponsors


Roll Calls

2024-02-01 - Senate - Senate: Continued to 2025 in Education and Health (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2024-02-01SenateContinued to 2025 in Education and Health (15-Y 0-N)
2024-01-26SenateAssigned Education and Health Sub: Higher Education
2024-01-19SenateReferred to Committee on Education and Health
2024-01-19SenatePresented and ordered printed 24103429D

Same As/Similar To

SB717 (Carry Over) 2024-02-01 - Continued to 2025 in Education and Health (15-Y 0-N)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
2311304.1(n/a)See Bill Text

Virginia State Sources


Bill Comments

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