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- Subject Index: Since 1995
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1999 SESSION
SB 779 Literary Fund loans; legal opinion required.
Introduced by: John H. Chichester | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Literary Fund loans; legal opinion required. Prohibits the Board of Education from disbursing any proceeds of any approved Literary Fund loan prior to its receipt of an acceptable opinion of bond counsel obtained by the local governing body as to the validity of the loan and the status under federal income tax laws of the interest on such loan. The Literary Fund was originally established in 1810 as a statutory mechanism for funding the education of poor children and was added to the Virginia Constitution in 1869. The Fund provides direct loans for new construction, building additions or renovations, the purchase and installation of educational technology equipment and infrastructure, interest rate subsidies for projects funded through the Virginia Public School Authority, and moneys for other school purposes, such as teacher retirement and debt service on technology equipment notes. This measure is similar to HB 2379; however the last lines in the bills differ.
FULL TEXT
- 01/13/99 Senate: Presented & ordered printed 992729809 pdf
- 01/28/99 Senate: Printed as engrossed 992729809-E pdf
- 03/01/99 Senate: Bill text as passed Senate and House (SB779ER) pdf
- 04/07/99 Governor: Acts of Assembly Chapter text (CHAP0695) pdf
AMENDMENTS
HISTORY
- 01/13/99 Senate: Presented & ordered printed 992729809
- 01/13/99 Senate: Referred to Committee on Finance
- 01/26/99 Senate: Reported from Finance with amendment (17-Y 0-N)
- 01/27/99 Senate: Constitutional reading dispensed (39-Y 0-N)
- 01/27/99 Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
- 01/28/99 Senate: Read second time
- 01/28/99 Senate: Reading of amendment waived
- 01/28/99 Senate: Committee amendment agreed to
- 01/28/99 Senate: Engrossed by Senate as amended
- 01/28/99 Senate: Printed as engrossed 992729809-E
- 01/29/99 Senate: Read third time and passed Senate (40-Y 0-N)
- 01/29/99 Senate: VOTE: PASSAGE R (40-Y 0-N)
- 01/29/99 Senate: Communicated to House
- 02/01/99 House: Placed on Calendar
- 02/02/99 House: Read first time
- 02/02/99 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: Read third time
- 02/17/99 House: Committee amendments agreed to
- 02/17/99 House: Engrossed by House as amended
- 02/17/99 House: Passed House with amendments (Block Vote) (100-Y 0-N)
- 02/17/99 House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
- 02/19/99 Senate: Reading of amendments waived
- 02/19/99 Senate: Passed by temporarily
- 02/19/99 Senate: House amendments agreed to by Senate (38-Y 0-N)
- 02/19/99 Senate: VOTE: CONCUR HOUSE AMENDMENT (38-Y 0-N)
- 03/01/99 Senate: Bill text as passed Senate and House (SB779ER)
- 03/03/99 Senate: Enrolled
- 03/03/99 Senate: Signed by President
- 03/05/99 House: Signed by Speaker
- 03/28/99 Governor: Approved by Governor-Chapter 695 (effective 7/1/99)
- 04/07/99 Governor: Acts of Assembly Chapter text (CHAP0695)