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ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
1995 SESSION
SB 995 Liquidation and sale of student assistance authority assets.
Introduced by: Walter A. Stosch | all patrons ... notes | add to my profiles
SUMMARY:
Liquidation and sale of student assistance authority assets. Directs the Virginia Education Loan Authority (VELA) to liquidate its assets. The executive director is to report periodically to the Governor and the General Assembly regarding the status of the liquidation. The State Education Assistance Authority (SEAA) and VELA were consolidated in 1992, creating the Virginia Student Assistance Authorities (VSAA). Although designated jointly as the VSAA and sharing a common 10-member board, the two authorities nonetheless remained separate political subdivisions. The organizations were preserved to operate in their respective roles: the SEAA as guarantor and the VELA as lender, obviating the need for renewed federal approval to perform these functions. Each authority maintained its own assets, liabilities, and trust funds. This measure is identical to HB 2026.
FULL TEXT
- 01/23/95 Senate: Presented & ordered printed w/emg clause LD1167809 pdf
- 01/31/95 Senate: Committee substitute printed LD3224743-S1 pdf
- 02/22/95 Senate: Bill text as passed Senate and House (SB995ER) pdf
- 03/22/95 Governor: Acts of Assembly Chapter text (CHAP0359) pdf
HISTORY
- 01/23/95 Senate: Presented & ordered printed w/emg clause LD1167809
- 01/23/95 Senate: Referred to Committee on Finance
- 01/31/95 Senate: Reported from Finance with substitute (14-Y 0-N 1-A)
- 01/31/95 Senate: Committee substitute printed LD3224743-S1
- 02/01/95 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/01/95 Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
- 02/02/95 Senate: Passed by for the day
- 02/02/95 Senate: Reconsideration of passed by for the day (40-Y 0-N)
- 02/02/95 Senate: VOTE: RECONSIDER (40-Y 0-N)
- 02/02/95 Senate: Passed by for the day
- 02/03/95 Senate: Passed by for the day
- 02/06/95 Senate: Passed by for the day
- 02/07/95 Senate: Read second time
- 02/07/95 Senate: Reading of substitute waived
- 02/07/95 Senate: Committee substitute agreed to LD3224743-S1
- 02/07/95 Senate: Engrossed by Senate - comm. sub. LD3224743-S1
- 02/07/95 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/07/95 Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
- 02/07/95 Senate: Passed Senate (35-Y 5-N)
- 02/07/95 Senate: VOTE: PASSAGE (35-Y 5-N)
- 02/07/95 Senate: Communicated to House
- 02/08/95 House: Placed on Calendar
- 02/09/95 House: Read first time
- 02/09/95 House: Referred to Committee on General Laws
- 02/10/95 House: Assigned to General Laws sub-committee: 6
- 02/16/95 House: Reported from General Laws (22-Y 0-N)
- 02/16/95 House: Referred to Committee on Appropriations
- 02/17/95 House: Reported from Appropriations (19-Y 2-N)
- 02/20/95 House: Read second time
- 02/21/95 House: Read third time
- 02/21/95 House: Passed House (81-Y 19-N)
- 02/21/95 House: VOTE: PASSAGE EMERGENCY (81-Y 19-N)
- 02/22/95 Senate: Bill text as passed Senate and House (SB995ER)
- 02/27/95 Senate: Enrolled
- 02/28/95 House: Signed by Speaker
- 03/01/95 Senate: Signed by President
- 03/18/95 Governor: Approved by Governor-Chapter 359 (effective 3/18/95)
- 03/22/95 Governor: Acts of Assembly Chapter text (CHAP0359)