Fabio
91 lines
4.9 KiB
Markdown
91 lines
4.9 KiB
Markdown
---
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type: "Bill"
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title: "School boards; unexpended local funds, capital reserve fund permitted."
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description: "School boards; unexpended local funds; capitalreserve fund permitted. Permits any school board, with the concurrenceof the local governing body, to establish a capital reserve fundas a savings account into which it exclusively deposits the localoperating funds that remain unexpended at the end of the year forfuture school division capital expenditures at no additional costto local taxpayers, subject to certain conditions enumerated in thebill."
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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: "HB 599"
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citation: "Virginia HB 599 (2024)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Shelly A. Simonds"]
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version_count: 3
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action_count: 26
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vote_count: 6
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first_action: "2024-01-09"
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last_action: "2024-04-02"
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source: "openstates"
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source_identifier: "ocd-bill/44c987ce-4153-4dd7-a510-9eed57c17d0f"
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source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB599"
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source_hash: "ff25e4d52148eea0ccfa3d11249308dc001c5aaf2bc0fdd1bc1d775f4e3463bb"
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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 HB 599 (2024) — School boards; unexpended local funds, capital reserve fund permitted.
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School boards; unexpended local funds; capitalreserve fund permitted. Permits any school board, with the concurrenceof the local governing body, to establish a capital reserve fundas a savings account into which it exclusively deposits the localoperating funds that remain unexpended at the end of the year forfuture school division capital expenditures at no additional costto local taxpayers, subject to certain conditions enumerated in thebill.
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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. **CHAP0294** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0294)
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2. **HB599ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB599ER)
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3. **Prefiled and ordered printed; offered 01/10/24 24102222D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB599)
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## Votes
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- Subcommittee recommends reporting (8-Y 0-N) — **8–0** (pass) · lower
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- Reported from Education and Health (15-Y 0-N) — **15–0** (pass) · upper
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- VOTE: Block Vote Passage (99-Y 0-N) — **98–0** (pass) · lower
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- Passed Senate (40-Y 0-N) — **40–0** (pass) · upper
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- Reported from Education (21-Y 0-N) — **21–0** (pass) · lower
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- Constitutional reading dispensed (38-Y 0-N) — **38–0** (pass) · upper
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## Sponsors
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- Shelly A. Simonds — primary (person)
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- Atoosa R. Reaser — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2024-01-09** Prefiled and ordered printed; offered 01/10/24 24102222D `filing, introduction`
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- **2024-01-09** Referred to Committee on Education `referral-committee`
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- **2024-01-16** Impact statement from DPB (HB599)
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- **2024-01-19** Assigned Education sub: K-12 Subcommittee `referral-committee`
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- **2024-01-30** Subcommittee recommends reporting (8-Y 0-N)
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- **2024-01-31** Reported from Education (21-Y 0-N) `committee-passage`
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- **2024-02-02** Read first time `reading-1`
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- **2024-02-05** Read second time and engrossed `reading-2`
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- **2024-02-06** Read third time and passed House BLOCK VOTE (99-Y 0-N) `passage, reading-3`
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- **2024-02-06** VOTE: Block Vote Passage (99-Y 0-N) `passage`
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- **2024-02-07** Constitutional reading dispensed
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- **2024-02-07** Referred to Committee on Education and Health `referral-committee`
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- **2024-02-14** Assigned Education and Health Sub: Public Education `referral-committee`
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- **2024-02-22** Reported from Education and Health (15-Y 0-N) `committee-passage`
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- **2024-02-23** Constitutional reading dispensed (38-Y 0-N)
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- **2024-02-26** Read third time `reading-3`
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- **2024-02-26** Passed Senate (40-Y 0-N) `passage`
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- **2024-02-29** Enrolled `enrolled`
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- **2024-02-29** Bill text as passed House and Senate (HB599ER) `passage`
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- **2024-02-29** Signed by Speaker `passage`
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- **2024-03-03** Signed by President `passage`
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- **2024-03-04** Impact statement from DPB (HB599ER)
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- **2024-03-11** Enrolled Bill communicated to Governor on March 11, 2024 `enrolled, executive-receipt`
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- **2024-03-11** Governor's Action Deadline 11:59 p.m., April 8, 2024 `executive-receipt`
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- **2024-04-02** Approved by Governor-Chapter 294 (effective 7/1/24) `executive-signature`
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- **2024-04-02** Acts of Assembly Chapter text (CHAP0294)
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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/44c987ce-4153-4dd7-a510-9eed57c17d0f`. Confidence: reported (aggregated from official Virginia legislature records).
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