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HB2593

Virginia College Access and Affordability Scholarship Fund; established, report.

Status:
Killed

Chief Patron:
Kathy Tran (D)

Session:
2025 Regular Session

Summary

As Introduced. Commonwealth Savers Plan; State Council of Higher Education for Virginia; Virginia College Access and Affordability Scholarship Fund established; work group; report.

Directs the transfer of actuarial surplus defined benefit prepaid tuition contract funds from the fund of the Commonwealth Savers Plan (the Plan) into a DB529 subfund established in the bill to be used for (i) a surplus rebate program and (ii) establishing the Virginia College Access and Affordability Scholarship Fund (the Access Fund). (Less)
  • Bill History

  • 01/13/2025 - House: Prefiled and ordered printed; Offered 01-13-2025 25104492D
  • 01/13/2025 - House: Referred to Committee on Education
  • 01/23/2025 - House: Assigned Educ sub: Higher Education
  • 01/23/2025 - House: Placed on Education Agenda
  • 01/27/2025 - House: Subcommittee recommends reporting with substitute and referring to Appropriations (6-Y 4-N)
  • 01/28/2025 - House: Placed on Education Agenda
  • 01/29/2025 - House: Reported from Education with substitute and referred to Appropriations (14-Y 8-N)
  • 01/29/2025 - House: Committee substitute printed 25106044D-H1
  • 01/29/2025 - House: Referred to Committee on Appropriations
  • 02/04/2025 - House: Left in Appropriations