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2018 SESSION

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18100437D
SENATE BILL NO. 537 Offered January 10, 2018 Prefiled January 9, 2018 A BILL to amend the Code of Virginia by adding in Chapter 13.2 of Title 22.1 a section numbered 22.1-253.13:11, relating to apportionment of the state and local shares of the costs of providing certain educational programs. ---------- Patron-- Hanger ---------- Referred to Committee on Education and Health ----------

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 22.1-253.13:11 as follows:

§ 22.1-253.13:11. Apportionment of state and local shares.

In apportioning the state and local shares of 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, 2018, as provided in the appropriation act, modify the formula that determines the ability of each locality to pay for its share of providing an educational program meeting such 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.