Higher educational institutions, public; foundations, annual reporting requirements, VCCS exempt. (HB1223)
Introduced By
Del. Jason Miyares (R-Virginia Beach) with support from co-patron Del. Shelly Simonds (D-Newport News)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Public institutions of higher education; foundations; annual reporting requirements. Requires each public institution of higher education to release an annual report regarding foundations associated with the institution setting forth foundation expenses. The annual report shall include the total annual expenditures by each foundation; the percentage of expenditures used for scholarships or financial aid by each foundation; the percentage of expenditures used for faculty compensation by each foundation; the percentage of expenditures used for program costs by each foundation; the percentage of expenditures used for equipment and technology by each foundation; the percentage of expenditures used for administrative support by each foundation; and the percentage of expenditures used for executive compensation by each foundation. Read the Bill »
Outcome
History
| Date | Action |
|---|---|
| 01/07/2020 | Committee |
| 01/07/2020 | Prefiled and ordered printed; offered 01/08/20 20102558D |
| 01/07/2020 | Referred to Committee on Education |
| 01/13/2020 | Assigned Education sub: Post-Secondary and Higher Ed |
| 01/14/2020 | Impact statement from DPB (HB1223) |
| 02/03/2020 | Subcommittee recommends reporting (4-Y 1-N) |
| 02/05/2020 | Reported from Education (18-Y 1-N) (see vote tally) |
| 02/06/2020 | Read first time |
| 02/07/2020 | Read second time and engrossed |
| 02/10/2020 | Read third time and passed House (94-Y 3-N 1-A) |
| 02/10/2020 | VOTE: Passage (94-Y 3-N 1-A) (see vote tally) |
| 02/11/2020 | Constitutional reading dispensed |
| 02/11/2020 | Referred to Committee on Education and Health |
| 02/14/2020 | Assigned Education sub: Higher Education |
| 02/20/2020 | Reported from Education and Health with substitute (15-Y 0-N) (see vote tally) |
| 02/20/2020 | Committee substitute printed 20108237D-S1 |
| 02/21/2020 | Impact statement from DPB (HB1223S1) |
| 02/21/2020 | Constitutional reading dispensed (32-Y 0-N) (see vote tally) |
| 02/24/2020 | Read third time |
| 02/24/2020 | Reading of substitute waived |
| 02/24/2020 | Committee substitute agreed to 20108237D-S1 |
| 02/24/2020 | Engrossed by Senate - committee substitute HB1223S1 |
| 02/24/2020 | Passed Senate with substitute (40-Y 0-N) (see vote tally) |
| 02/26/2020 | Placed on Calendar |
| 02/26/2020 | Senate substitute agreed to by House 20108237D-S1 (95-Y 1-N 1-A) |
| 02/26/2020 | VOTE: Adoption (95-Y 1-N 1-A) (see vote tally) |
| 03/03/2020 | Enrolled |
| 03/03/2020 | Bill text as passed House and Senate (HB1223ER) |
| 03/03/2020 | Impact statement from DPB (HB1223ER) |
| 03/03/2020 | Signed by Speaker |
| 03/04/2020 | Signed by President |
| 03/12/2020 | Enrolled Bill communicated to Governor on March 12, 2020 |
| 03/12/2020 | G Governor's Action Deadline 11:59 p.m., April 11, 2020 |
| 03/27/2020 | G Approved by Governor-Chapter 511 (effective 7/1/20) |
| 03/27/2020 | G Acts of Assembly Chapter text (CHAP0511) |