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- Subject Index: Since 1995
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Developed and maintained by the Division of Legislative Automated Systems.
1999 SESSION
HB 2591 Public School Construction Grants Program.
Introduced by: S. Vance Wilkins, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Virginia Public School Construction Grants Program. Authorizes local governing bodies to establish separate escrow accounts for the deposit of the school construction grants, with certain restrictions. This provision allows the governing body of the locality to which a grant is awarded to authorize the local treasurer or fiscal officer, by ordinance or resolution, to create the separate account and, upon approval of the ordinance or resolution, the treasurer must place the grant awards into the account. The funds must be used for the purposes authorized under the Virginia Public School Construction Grants Program, which may include technology infrastructure, and must be appropriated by the local governing body. If a locality establishes such an escrow fund and designates any portion of the funds to pay debt service for any general obligation of the locality held by the Virginia Public School Authority or any Literary Fund loan, the localities must obtain an opinion of bond counsel that designation of funds to pay debt service on such obligations does not adversely impact the tax-exempt status of the obligations. Deposit and investment restrictions applying to public funds must be observed. School boards are not authorized to hold and invest the funds in their own names or to expend the funds without an appropriation from the governing body.
FULL TEXT
- 01/21/99 House: Presented & ordered printed 999420488 pdf
- 02/08/99 House: Printed as engrossed 999420488-E pdf
- 02/18/99 Senate: Committee substitute printed 991134488-S1 pdf
- 03/09/99 House: Bill text as passed House and Senate (HB2591ER) pdf
- 03/31/99 Governor: Acts of Assembly Chapter text (CHAP0391) pdf
AMENDMENTS
HISTORY
- 01/21/99 House: Presented & ordered printed 999420488
- 01/21/99 House: Referred to Committee on Education
- 02/05/99 House: Reported from Education with amendments (23-Y 0-N)
- 02/06/99 House: Read first time
- 02/07/99 House: Passed by for the day
- 02/08/99 House: Read second time
- 02/08/99 House: Committee amendments agreed to
- 02/08/99 House: Engrossed by House as amended
- 02/08/99 House: Printed as engrossed 999420488-E
- 02/09/99 House: Read third time and passed House (99-Y 0-N)
- 02/09/99 House: VOTE: PASSAGE (99-Y 0-N)
- 02/09/99 House: Communicated to Senate
- 02/10/99 Senate: Constitutional reading dispensed
- 02/10/99 Senate: Referred to Committee on Education and Health
- 02/18/99 Senate: Reported from Ed. & H. with substitute (15-Y 0-N)
- 02/18/99 Senate: Rereferred to Finance
- 02/18/99 Senate: Committee substitute printed 991134488-S1
- 02/19/99 Senate: Reported from Finance (14-Y 0-N)
- 02/22/99 Senate: Const. reading disp., passed by for the day (40-Y 0-N)
- 02/22/99 Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
- 02/23/99 Senate: Read third time
- 02/23/99 Senate: Reading of substitute waived
- 02/23/99 Senate: Committee substitute agreed to 991134488-S1
- 02/23/99 Senate: Passed by for the day
- 02/24/99 Senate: Read third time
- 02/24/99 Senate: Engrossed by Senate - comm. sub. 991134488-S1
- 02/24/99 Senate: Passed Senate with substitute (40-Y 0-N)
- 02/24/99 Senate: VOTE: PASSAGE R (40-Y 0-N)
- 02/25/99 House: Placed on Calendar
- 02/25/99 House: Senate substitute agreed to by House (99-Y 0-N)
- 02/25/99 House: VOTE: ADOPTION (99-Y 0-N)
- 03/09/99 House: Bill text as passed House and Senate (HB2591ER)
- 03/12/99 House: Enrolled
- 03/12/99 House: Signed by Speaker
- 03/15/99 Senate: Signed by President
- 03/24/99 Governor: Approved by Governor-Chapter 391 (effective 7/1/99)
- 03/31/99 Governor: Acts of Assembly Chapter text (CHAP0391)