Fabio
89 lines
4.7 KiB
Markdown
89 lines
4.7 KiB
Markdown
---
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type: "Bill"
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title: "Forest Sustainability Fund; fund allocation."
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description: "Forest Sustainability Fund; fund allocation. Provides that moneys from the Forest Sustainability Fund must be allocated proportionally among localities that forgo tax revenues as a result of the use value assessment and taxation for real estate devoted for forest use. The bill specifies that no locality shall receive an allocation of more than four percent or less than one-half of one percent of available funds from the Fund. This bill is identical to HB 944."
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2024"
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identifier: "SB 129"
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citation: "Virginia SB 129 (2024)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Frank M. Ruff-resigned 1/10"]
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version_count: 3
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action_count: 24
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vote_count: 5
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first_action: "2024-01-05"
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last_action: "2024-04-08"
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source: "openstates"
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source_identifier: "ocd-bill/92ab3666-ed4e-4a6c-917f-47bf8c4501cb"
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source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB129"
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source_hash: "f3b64788ce6eca92e37c9bccc9ee398cf1a7636609853032c562290d93cc0e95"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-va"]
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---
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# Virginia SB 129 (2024) — Forest Sustainability Fund; fund allocation.
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Forest Sustainability Fund; fund allocation. Provides that moneys from the Forest Sustainability Fund must be allocated proportionally among localities that forgo tax revenues as a result of the use value assessment and taxation for real estate devoted for forest use. The bill specifies that no locality shall receive an allocation of more than four percent or less than one-half of one percent of available funds from the Fund. This bill is identical to HB 944.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **CHAP0703** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0703)
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2. **Prefiled and ordered printed; offered 01/10/24 24102271D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB129)
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3. **SB129ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB129ER)
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## Votes
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- VOTE: Block Vote Passage (96-Y 0-N) — **95–0** (pass) · lower
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- Read third time and passed Senate (40-Y 0-N) — **40–0** (pass) · upper
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- Reported from Appropriations (22-Y 0-N) — **22–0** (pass) · lower
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- Constitutional reading dispensed (40-Y 0-N) — **40–0** (pass) · upper
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- Reported from Finance and Appropriations (13-Y 0-N) — **13–0** (pass) · upper
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## Sponsors
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- Frank M. Ruff-resigned 1/10 — primary (person)
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- Russet Perry — cosponsor (person)
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- Tammy Brankley Mulchi — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2024-01-05** Prefiled and ordered printed; offered 01/10/24 24102271D `filing, introduction`
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- **2024-01-05** Referred to Committee on Finance and Appropriations `referral-committee`
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- **2024-01-16** Impact statement from DPB (SB129)
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- **2024-01-24** Reported from Finance and Appropriations (13-Y 0-N) `committee-passage`
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- **2024-01-25** Constitutional reading dispensed (40-Y 0-N)
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- **2024-01-26** Read second time and engrossed `reading-2`
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- **2024-01-29** Read third time and passed Senate (40-Y 0-N) `passage, reading-3`
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- **2024-02-13** Placed on Calendar
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- **2024-02-13** Read first time `reading-1`
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- **2024-02-13** Referred to Committee on Appropriations `referral-committee`
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- **2024-02-21** Reported from Appropriations (22-Y 0-N) `committee-passage`
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- **2024-02-23** Read second time `reading-2`
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- **2024-02-26** Read third time `reading-3`
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- **2024-02-26** Passed House BLOCK VOTE (96-Y 0-N) `passage`
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- **2024-02-26** VOTE: Block Vote Passage (96-Y 0-N) `passage`
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- **2024-02-29** Enrolled `enrolled`
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- **2024-02-29** Bill text as passed Senate and House (SB129ER) `passage`
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- **2024-02-29** Signed by Speaker `passage`
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- **2024-03-01** Impact statement from DPB (SB129ER)
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- **2024-03-03** Signed by President `passage`
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- **2024-03-11** Enrolled Bill Communicated to Governor on March 11, 2024 `enrolled`
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- **2024-03-11** Governor's Action Deadline 11:59 p.m., April 8, 2024 `executive-receipt`
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- **2024-04-08** Approved by Governor-Chapter 703 (effective 7/1/24) `executive-signature`
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- **2024-04-08** Acts of Assembly Chapter text (CHAP0703)
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/92ab3666-ed4e-4a6c-917f-47bf8c4501cb`. Confidence: reported (aggregated from official Virginia legislature records).
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