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2007 SESSION

072304380
HOUSE BILL NO. 1702
Offered January 10, 2007
Prefiled December 15, 2006
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 apportionment of the state and local share for the costs of providing certain educational programs.
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Patron-- Lingamfelter
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Referred to Committee on Education
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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. Apportionment of state and local share.

In apportioning the state and local share for the costs of providing an educational program meeting the Standards of Quality as required by Article VIII, Section 2 of the Constitution of Virginia, the General Assembly shall, beginning July 1, 2007, as provided in the appropriation act, modify the formula that determines each locality's ability to pay for its share of providing an educational program meeting the prescribed Standards of Quality to incorporate within the real property tax value indicator of local wealth the land-use assessment value for those properties within a land-use plan pursuant to Article 4 (§ 58.1-3229 et seq.) of Chapter 32 of Title 58.1.