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- Subject Index: Since 1995
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Developed and maintained by the Division of Legislative Automated Systems.
1999 SESSION
SB 1049 Public School Construction Grants Program.
Introduced by: William T. Bolling | 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. This bill is similar to HB 2591.
FULL TEXT
- 01/20/99 Senate: Presented & ordered printed 996449620 pdf
- 02/08/99 Senate: Printed as engrossed 996449620-E pdf
- 03/04/99 Senate: Bill text as passed Senate and House (SB1049ER) pdf
- 03/30/99 Governor: Acts of Assembly Chapter text (CHAP0354) pdf
AMENDMENTS
HISTORY
- 01/20/99 Senate: Presented & ordered printed 996449620
- 01/20/99 Senate: Referred to Committee on Education and Health
- 01/28/99 Senate: Reported from Education and Health (15-Y 0-N)
- 01/28/99 Senate: Rereferred to Finance
- 02/04/99 Senate: Reported from Finance with amendments (17-Y 0-N)
- 02/05/99 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/05/99 Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
- 02/08/99 Senate: Read second time
- 02/08/99 Senate: Reading of amendments waived
- 02/08/99 Senate: Committee amendments agreed to
- 02/08/99 Senate: Engrossed by Senate as amended
- 02/08/99 Senate: Printed as engrossed 996449620-E
- 02/08/99 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/08/99 Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
- 02/08/99 Senate: Passed Senate (40-Y 0-N)
- 02/08/99 Senate: VOTE: PASSAGE R (40-Y 0-N)
- 02/08/99 Senate: Communicated to House
- 02/10/99 House: Placed on Calendar
- 02/10/99 House: Read first time
- 02/10/99 House: Referred to Committee on Education
- 02/15/99 House: Reported from Education with amendments (24-Y 0-N)
- 02/16/99 House: Read second time
- 02/17/99 House: Passed by for the day
- 02/18/99 House: Passed by for the day
- 02/19/99 House: Passed by for the day
- 02/22/99 House: Passed by for the day
- 02/23/99 House: Motion to pass by for day objected
- 02/23/99 House: Passed by for the day (49-Y 45-N)
- 02/23/99 House: VOTE: (49-Y 45-N)
- 02/23/99 House: Motion to reconsider pass by for day agreed to
- 02/23/99 House: Motion to pass by for day withdrawn
- 02/23/99 House: Read third time
- 02/23/99 House: Committee amendments agreed to
- 02/23/99 House: Engrossed by House as amended
- 02/23/99 House: Passed House with amendments (Block Vote) (98-Y 0-N)
- 02/23/99 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 02/25/99 Senate: Reading of amendments waived
- 02/25/99 Senate: House amendments agreed to by Senate (40-Y 0-N)
- 02/25/99 Senate: VOTE: CONCUR HOUSE AMENDMENTS (40-Y 0-N)
- 03/04/99 Senate: Bill text as passed Senate and House (SB1049ER)
- 03/12/99 Senate: Enrolled
- 03/12/99 House: Signed by Speaker
- 03/15/99 Senate: Signed by President
- 03/24/99 Governor: Approved by Governor-Chapter 354 (effective 7/1/99)
- 03/30/99 Governor: Acts of Assembly Chapter text (CHAP0354)