Higher educational institutions, public; funding. (HB982)

Introduced By

Del. Glenn Davis (R-Virginia Beach)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Public institutions of higher education; funding. Eliminates the targeted financial incentives currently made available to public institutions of higher education and provides that (i) 50 percent of the funds appropriated for public institutions of higher education from the state general fund or sources other than the state general fund, or both, for each fiscal year of each biennium shall be equitably apportioned among each public institution of higher education for basic operations and instruction, each Virginia undergraduate student actually enrolled at the institution, and need-based financial aid and (ii) the other 50 percent shall be apportioned among such institutions on the basis of performance metrics: percentage of Virginia students enrolled, tuition rates, average amount of time it takes students to complete degrees, student graduation rates, and student employment rates and median salaries six months after graduation. Read the Bill »


Bill Has Failed


01/09/2018Prefiled and ordered printed; offered 01/10/18 18102194D
01/09/2018Referred to Committee on Appropriations
01/19/2018Assigned App. sub: Higher Education
01/29/2018Subcommittee recommends laying on the table (8-Y 0-N)
02/13/2018Left in Appropriations