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1998 SPECIAL SESSION I
HB 4004 Public School Authority.
Introduced by: Robert S. Bloxom | all patrons ... notes | add to my profiles
SUMMARY:
Virginia Public School Authority. Provides that the issuance of bonds by VPSA may be based on debt service payments payable from appropriations from the General Assembly. The proposed budget bills and amendments are required to include a proposed appropriation of a sum sufficient, first from the Literary Fund and then from the general fund, to address any debt service shortfalls. By providing that the VPSA is not a political subdivision, the bill also allows the VPSA's Board to hold electronic meetings in accordance with the Freedom of Information Act. The bill also directs the Board of Education to propose specific eligibility and needs criteria to govern school construction grants made under the Virginia Public School Construction Grants Program.
FULL TEXT
HISTORY
- 04/23/98 House: Presented & ordered printed, prefiled 04/22/98 983410132
- 04/23/98 House: Referred to Committee on Appropriations
- 04/23/98 House: Reported from Appropriations (30-Y 0-N)
- 04/23/98 House: Referred to Committee on Finance
- 04/24/98 House: No action taken by Finance by voice vote