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VA HB748

VA HB748
Bath County and Augusta County School Boards; cost-savings agreements, requirements.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Regular Session

Bill Summary

Certain school divisions; cost-savings agreements; requirements. Removes the limitation on any school board that enters into certain cost-savings agreements with a school board that governs a contiguous school division for the consolidation or sharing of educational, administrative, or support services and thus qualifies for adjustment of state share of basic aid computed annually on the basis of the composite index of local ability-to-pay of such contiguous school division that caps such adjusted basic aid payment at an amount equal to the basic aid payment appropriated to such locality by the 2007 Session of the General Assembly. The bill also permits, notwithstanding the requirement set forth in relevant law that a school division have 65 percent or more of its local taxes coming from real estate taxes in order for the school board that governs such school division to be eligible to enter into such cost-savings agreements with a contiguous school division, the Bath County School Board to enter into such cost-savings agreements with the Augusta County School Board, provided that all other conditions and limitations set forth in relevant law apply to any such agreement.

AI Summary

This bill removes a previous restriction that capped the amount of state funding a school division could receive when entering into cost-savings agreements with a neighboring school division to share services, meaning these divisions can now receive adjusted state aid without a limit based on 2007 funding levels. Additionally, the bill specifically allows the Bath County School Board to enter into these cost-savings agreements with the Augusta County School Board, even if Bath County doesn't meet the usual requirement of having at least 65 percent of its local taxes come from real estate, as long as all other conditions for such agreements are met.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Left in Committee Appropriations (on 02/18/2026)

bill text


bill summary

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bill summary

Document Type Source Location
State Bill Page https://lis.virginia.gov/bill-details/20261/HB748
Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (HB748) https://lis.blob.core.windows.net/files/1101152.PDF
BillText https://lis.virginia.gov/bill-details/20261/HB748/text/HB748
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