Bill No. HB667
Bill ID
1801586
State
VA
Title
VA HB667 - Virginia Education Success Account Program; established, report.
Description
Virginia Education Success Account Program established. Permits the parents of qualified students, defined in the bill, to apply for a one-year, renewable Virginia Education Success 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 school division in which the qualified student resides, including the per pupil share of state sales tax funding in basic aid and any per pupil share of state 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 qualified 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 program and account administration by the Department of the Treasury and a third party that serves as program administrator pursuant to a contract with the Department of the Treasury.
Bill Type
Bill
Category
ESAs, New Program, Universal Eligibility
Session
2024 Regular Session
Special Session
No Data Available
Current Status
Introduced
Status Last Updated
2024-01-09
Pending Committee