SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2018 SESSION

  • | print version

HB 1431 Public School Capital Grant Program; established.

Introduced by: Richard P. Bell | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Public School Capital Grant Program established. Requires the Virginia Public Building Authority to establish and administer the Public School Capital Grant Program (the Program) for the purpose of providing grants on a competitive basis to any local school board that governs a local school division in a locality that is determined to have high fiscal stress by the Virginia Commission on Local Government in its most recent "Report on the Comparative Revenue Capacity, Revenue Effort, and Fiscal Stress of Virginia Counties and Cities" for such school board to use for school building capital renovation or construction projects. The bill caps each Program grant at $10 million and requires local matching funds for each such grant.


FULL TEXT

HISTORY