Thursday, July 24, 2008
The General Assembly is not in session.
Tracking Virginia’s General Assembly
since 2007.
SB1243: Composite index; ability to pay.
Chief Patron
Sen.
Mark Herring (D-33)
Mark Herring
(D-33)
Served: 2006–
Progress
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Introduced |
 |
Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Status
Bill is Dead
Summary
Composite index of ability to pay. Authorizes each locality whose K through 12 student membership growth has exceeded five percent for any two of the three most recently ended years to elect to have its composite index of local ability to pay reduced by 10 percent for the current year. The locality would receive its state share of basic aid based on the reduced composite index, and the additional amount required for the state share for basic aid would be paid from general funds of the Commonwealth that are not otherwise designated for public education.
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Poll Results
No Richmond Sunlight visitors voted on this bill while voting was open.
