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2003 SESSION

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033912610
HOUSE BILL NO. 1495 Offered January 8, 2003 Prefiled December 10, 2001 A BILL to amend the Code of Virginia by adding in Chapter 13.2 of Title 22.1 a section numbered 22.1-253.13:9, relating to funding for Standards of Quality. ---------- Patron-- Amundson ---------- Referred to Committee on Education ----------

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding in Chapter 13.2 of Title 22.1 a section numbered 22.1-253.13:9 as follows:

§ 22.1-253.13:9. Funding for Standards of Quality.

A. Notwithstanding any other provision of law, the Commonwealth shall fund at least 55 percent of the total actual costs of public education. The Standards of Quality and the formulas used by the Commonwealth to distribute funds to localities to meet the Standards of Quality shall be reviewed and revised biennially to meet the requirements of this section.

B. Beginning with the budget for fiscal year 2005, the Governor shall include in his budget recommendations adequate funds to meet the requirements of subsection A.