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2004 SESSION
SB 87 Public School Authority; grants for school construction.
Introduced by: Linda T. Puller | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Public School Authority; grants for school construction. Authorizes the Virginia Public School Authority to issue bonds to fund grants to local school divisions in the total amount of $1 billion to pay the costs of school construction, school renovation, and other school infrastructure projects. One-half of the grants ($500 million) shall be distributed to each school division in an equal amount of $3,676,471. The remaining one-half shall be distributed to each local school division on a set per pupil amount based on each school division's actual September 30, 2002, fall membership data as a proportion of total actual September 30, 2002, fall membership data for all school divisions.
FULL TEXT
HISTORY
- 01/14/04 Senate: Presented & ordered printed, prefiled 01/05/04 046913796
- 01/14/04 Senate: Referred to Committee on Education and Health
- 01/15/04 Senate: Stricken at request of patron in Ed. & Health (14-Y 0-N)