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2023 SESSION
SB 1429 Virginia College Savings Plan; hybrid schools, classification.
Introduced by: David R. Suetterlein | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia College Savings Plan; hybrid schools; classification. Provides that the Virginia College Savings Plan shall consider any hybrid public-private elementary or secondary school to be a public elementary or secondary school or a private elementary or secondary school such that a beneficiary's account under a qualified tuition program established and maintained by the Plan may be used to cover up to $10,000 in expenses in any taxable year for tuition in connection with the beneficiary's enrollment or attendance at such a hybrid school as permitted pursuant to the relevant provision of § 529 of the federal Internal Revenue Code.
FULL TEXT
HISTORY
- 01/11/23 Senate: Prefiled and ordered printed; offered 01/11/23 23102734D
- 01/11/23 Senate: Referred to Committee on Education and Health
- 01/20/23 Senate: Assigned Education sub: Higher Education
- 01/26/23 Senate: Reported from Education and Health (9-Y 6-N)
- 01/26/23 Senate: Rereferred to Finance and Appropriations
- 02/01/23 Senate: Passed by indefinitely in Finance and Appropriations (11-Y 5-N)