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VA HB1024

VA HB1024
Parental Choice Education Savings Accounts; established, definition of poverty guidelines.


summary

Introduced
01/12/2022
In Committee
02/16/2022
Crossed Over
02/14/2022
Passed
Dead
03/12/2022

Introduced Session

Potential new amendment
2022 Regular Session

Bill Summary

Parental Choice Education Savings Accounts established. Permits the parents of qualified students, defined in the bill, to apply to the school division in which the qualified student resides for a one-year, renewable Parental Choice Education Savings Account that consists of an amount that is equivalent to a certain percentage of all applicable annual Standards of Quality per pupil state funds appropriated for public school purposes and apportioned to the resident school division in which the qualified student resides, including the per pupil share of state sales tax funding in basic aid and any state per pupil share of special education funding for which the qualified student is eligible. The bill permits the parent of the qualified student to use the moneys in such account for certain education-related expenses of the qualified student, including tuition, deposits, fees, and required textbooks at a private elementary school or secondary school that is located in the Commonwealth. The bill also contains provisions relating to auditing, rescinding, and reviewing expenses made from such accounts.

AI Summary

This bill establishes Parental Choice Education Savings Accounts, which allow the parents of qualified students to apply for a one-year, renewable account that provides a portion of the state's per-pupil funding to be used for certain education-related expenses at private schools in Virginia. Qualified students are defined as children who reside in Virginia, are subject to compulsory attendance, were previously enrolled in public schools, and meet certain income or other eligibility criteria. The bill outlines the application and participation process, allowable uses of the funds, auditing and oversight mechanisms, and other administrative details. It also includes provisions to protect the independence of private schools that receive funds through these accounts.

Committee Categories

Budget and Finance, Education, Health and Social Services

Sponsors (24)

Last Action

Passed by indefinitely in Education and Health (9-Y 6-N) (on 03/03/2022)

bill text


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