HB1821
Education improvement scholarships; expands tax credit program.
Summary
As Introduced. Education improvement scholarships tax credits.
Expands the education improvement scholarships tax credit program for taxable years 2023 through 2027 by (i) increasing from 65 percent to 100 percent the credit amount for the value of the monetary or marketable securities donation made by the person to an included scholarship foundation, (ii) removing the requirement that ... (More) eligible pre-kindergarten children be at-risk four-year-olds unable to obtain services through Head Start or Virginia Preschool Initiative programs, (iii) requiring that nonpublic pre-kindergarten programs participate in the Unified Virginia Quality Birth to Five System (VQB5), rather than the Virginia Quality rating system, and (iv) expanding eligible students to include any school-aged child living in Virginia whose family income does not exceed 300 percent of federal poverty guidelines, regardless of prior public school enrollment or a recent move to Virginia. (Less)-
Bill History
- 01/10/2023 - House: Prefiled and ordered printed; offered 01/11/23 23101922D
- 01/10/2023 - House: Referred to Committee on Education
- 01/16/2023 - House: Assigned Education sub: Early Childhood/Innovation
- 01/17/2023 - House: Impact statement from TAX (HB1821)
- 01/18/2023 - House: Subcommittee recommends reporting (5-Y 3-N)
- 01/18/2023 - House: Subcommittee recommends referring to Committee on Finance
- 01/23/2023 - House: Reported from Education (12-Y 9-N)
- 01/23/2023 - House: Referred to Committee on Finance
- 01/25/2023 - House: Assigned Finance sub: Subcommittee #3
- 01/30/2023 - House: Subcommittee recommends reporting (5-Y 2-N)
- 02/01/2023 - House: Reported from Finance (11-Y 10-N)
- 02/01/2023 - House: Referred to Committee on Appropriations
- 02/03/2023 - House: Reported from Appropriations (11-Y 10-N)
- 02/05/2023 - House: Read first time
- 02/06/2023 - House: Read second time and engrossed
- 02/07/2023 - House: Read third time and passed House (50-Y 48-N)
- 02/07/2023 - House: VOTE: Passage (50-Y 48-N) Close Floor Vote
- 02/08/2023 - Senate: Constitutional reading dispensed
- 02/08/2023 - Senate: Referred to Committee on Finance and Appropriations
- 02/14/2023 - Senate: Passed by indefinitely in Finance and Appropriations (11-Y 5-N)
