Education Improvement Scholarships tax credits; pre-kindergarten eligibility. (SB172)

Introduced By

Sen. Bill Stanley (R-Moneta) with support from co-patron Del. Steve Landes (R-Weyers Cave)

Progress

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

Description

Education Improvement Scholarships tax credits; pre-kindergarten eligibility. Expands the Education Improvement Scholarships tax credits program by including, as eligible scholarship recipients, children enrolled in or attending nonpublic pre-kindergarten programs. The maximum annual scholarship that a child admitted to, enrolled in, or attending a nonpublic pre-kindergarten program will receive is the lesser of the child's actual educational expenses or the state's share of the grant per child under the Virginia Preschool Initiative for the locality in which the child resides. Under current law, tax credits are awarded to individuals and businesses making donations to nonprofit scholarship foundations using the donated funds to award scholarships to certain students in grades K-12 attending nonpublic schools. Eligible scholarship recipients are students in grades K-12 with a finalized individualized education program (IEP) in place or whose annual household income is not in excess of 300 percent of the federal poverty guidelines. The bill defines an eligible pre-kindergarten child and a nonpublic pre-kindergarten program and includes several other curriculum and administrative requirements that must be met by a nonpublic pre-kindergarten program in order for children attending the program to be eligible to receive scholarships under the tax credit program. Under the bill, VCPE or the Virginia Early Childhood Foundation will certify nonpublic pre-kindergarten programs meeting such curriculum and administrative requirements. The bill also reduces the penalty for failure to fully disburse all donations received from 200 percent of the difference between 90 percent of the value of the donations it received and the amount disbursed to 100 percent of the difference. This bill incorporates SB 553. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
12/28/2017Prefiled and ordered printed; offered 01/10/18 18101120D
12/28/2017Referred to Committee on Finance
01/22/2018Impact statement from DPB (SB172)
01/23/2018Reported from Finance with substitute (16-Y 0-N) (see vote tally)
01/23/2018Incorporates SB553 (Dunnavant)
01/23/2018Committee substitute printed 18105825D-S1
01/24/2018Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/25/2018Read second time
01/25/2018Reading of substitute waived
01/25/2018Committee substitute agreed to 18105825D-S1
01/25/2018Engrossed by Senate - committee substitute SB172S1
01/26/2018Passed by for the day
01/29/2018Read third time and passed Senate (28-Y 12-N) (see vote tally)
01/31/2018Placed on Calendar
01/31/2018Read first time
01/31/2018Referred to Committee on Finance
02/05/2018Impact statement from DPB (SB172S1)
02/26/2018Failed to report (defeated) in Finance (11-Y 11-N) (see vote tally)

Video

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 2 minutes.

Comments

Shivam chaubey writes:

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All applicants must be United States citizens or have an immigration residency status that allows the applicant to qualify for federal financial aid after completing the FAFSA.
Application Deadline: January 15, 2018
get more information through the given link: https://www.developingcareer.com/dell-scholars-program/
You can also check our homepage for other latest updates. The link is: http://www.developingcareer.com/