Literary Fund; school board's application for loan must be signed by governing body & school board. (HB2350)

Introduced By

Del. Bob Tata (R-Virginia Beach)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Literary Fund. Provides that a school board's application to the Board of Education for a loan from the Literary Fund must be signed by the chairman of the governing body and the chairman of the school board. The Board may not disburse any proceeds of any approved loan before its receipt of the concurrent approval of the governing body at the time of initial disbursement and an acceptable opinion of bond counsel obtained by the local governing body as to the validity of the loan. The bill also repeals 22.1-154 through 22.1-157, that provide for: (i) the examination of title to property on application for loan, (ii) the certificate of the clerk of court or copy of lease on the application for a loan, and (iii) the submission of the application and certificate of title to the Attorney General. Read the Bill »

Status

03/08/2007: signed by governor

History

DateAction
01/09/2007Committee
01/09/2007Prefiled and ordered printed; offered 01/10/07 072344524
01/09/2007Referred to Committee on Education
01/31/2007Impact statement from DPB (HB2350)
02/01/2007Read first time
02/02/2007Read second time
02/02/2007Committee amendments agreed to
02/02/2007Engrossed by House as amended HB2350E
02/02/2007Printed as engrossed 072344524-E
02/03/2007Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/03/2007Communicated to Senate
02/05/2007Constitutional reading dispensed
02/05/2007Referred to Committee on Education and Health
02/06/2007Impact statement from DPB (HB2350E)
02/09/2007Constitutional reading dispensed (39-Y 0-N)
02/09/2007VOTE: (39-Y 0-N) (see vote tally)
02/12/2007Read third time
02/12/2007Passed Senate (40-Y 0-N)
02/12/2007VOTE: (40-Y 0-N) (see vote tally)
02/15/2007Enrolled
02/15/2007Bill text as passed House and Senate (HB2350ER)
02/15/2007Impact statement from DPB (HB2350ER)
02/15/2007Signed by Speaker
02/15/2007Signed by President
03/08/2007G Approved by Governor-Chapter 121 (effective 7/1/07)
03/14/2007G Acts of Assembly Chapter text (CHAP0121)