Public school funding; Department of Education to adjust local composite index (LCI) calculation. (HB468)
Introduced By
Del. Dave Albo (R-Springfield) with support from co-patrons Del. Barbara Comstock (R-McLean), Del. Tom Rust (R-Herndon), and Sen. Scott Surovell (D-Mount Vernon)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Public school funding; LCI calculation. Requires the Department of Education to adjust its calculation of the composite index of local ability to pay for public education by (i) reducing the maximum LCI of 0.80 by 0.02 each year for a period of 10 years and (ii) using the average of true value of real property, adjusted gross income, taxable retail sales, average daily membership, and total population over the preceding five-year period in calculating the LCI. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/10/2012 | Committee |
| 01/10/2012 | Prefiled and ordered printed; offered 01/11/12 12102660D |
| 01/10/2012 | Referred to Committee on Appropriations |
| 01/16/2012 | Assigned App. sub: Elementary & Secondary Education |
| 01/24/2012 | Impact statement from DPB (HB468) |
| 01/31/2012 | Subcommittee recommends laying on the table |
| 02/20/2012 | Left in Appropriations |