Higher educational institutions; modifications to prior revenue bond bills, emergency. (SB754)

Introduced By

Sen. Walter Stosch (R-Glen Allen)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Revenue bond bills for higher education; modifications. Modifies revenue bond bills for institutions of higher education enacted in 2008 by changing a project at Radford University from "construct residence halls" to "renovate residence halls." The bill also modifies revenue bond bills for institutions of higher education enacted in 2012 by (i) changing a project at the College of William and Mary from "renovate dormitory" to "renovate dormitories," (ii) increasing the amount allocated for such project from $5,000,000 to $14,650,000, and (iii) increasing the maximum aggregate amount of bonds that may be issued from $125,594,000 to $135,244,000. The bill states that an emergency exists and that the bill is in force from its passage. Read the Bill »


Bill Has Passed


12/17/2012Prefiled and ordered printed with emergency clause; offered 01/11/12 13103014D
12/17/2012Prefiled and ordered printed with emergency clause; offered 01/09/13 13103014D
12/17/2012Referred to Committee on Finance
01/02/2013Introduced bill reprinted 13103014D
01/15/2013Reported from Finance (14-Y 0-N) (see vote tally)
01/16/2013Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/16/2013Impact statement from DPB (SB754)
01/17/2013Read second time and engrossed
01/18/2013Read third time and passed Senate (38-Y 0-N) (see vote tally)
01/25/2013Placed on Calendar
01/25/2013Read first time
01/25/2013Referred to Committee on Appropriations
01/28/2013Assigned App. sub: Capital Outlay
02/11/2013Subcommittee recommends reporting (8-Y 0-N)
02/13/2013Reported from Appropriations (22-Y 0-N) (see vote tally)
02/14/2013Read second time
02/15/2013Read third time
02/15/2013Passed House BLOCK VOTE (100-Y 0-N)
02/15/2013VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
02/20/2013Bill text as passed Senate and House (SB754ER)
02/20/2013Signed by Speaker
02/21/2013Signed by President
03/13/2013G Approved by Governor-Chapter 322 (effective 3/13/13)
03/13/2013G Acts of Assembly Chapter text (CHAP0322)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 35 seconds.

Duplicate Bills

The following bills are identical to this one: HB1392.


Stephen writes:

These bonds will some day need to be cashed in, if the state doesn't have the money now, it never will. And whats with the 10 million dollar jump from just 2008, seems like the planner needs to be replaced.