Bill Commons

VA HB 1101

in committee

Local composite index school funding formula; data center revenue.

Virginia · 2026 Regular Session · lower

Description

Department of Education; local composite index school funding formula; data center revenue. Requires the Department of Education, in coordination with the Department of Taxation, no later than December 1, 2026, to revise the local composite index school funding formula to include as a factor in the calculation of required local effort any local revenue generated by any data center, as defined in relevant law, in the local school division, including real property taxes and business personal property taxes attributable to the operation of any such center, while also ensuring that no local school division that does not have such a data center is disadvantaged by any such revision. The bill requires the Department to submit such revised formula to the General Assembly no later than December 1, 2026, for approval pursuant to the general appropriation act enacted during any regular or special session during the 2026 calendar year before utilizing and making calculations according to the formula and provide that if the General Assembly grants such approval, the Department of Education shall apply such revised formula effective beginning with the 2028-2030 biennium.

Introduced
2026-01-14
Status date
—
Latest action
2026-02-18 — Left in Education
Bill type
bill
Last updated
—

Sponsors

  • M. Keith Hodgesprimary

Committees

Not provided by source.

Action timeline

  1. 2026-01-14

    Prefiled and ordered printed; Offered 01-14-2026 26103681D

    filing,introduction

  2. 2026-01-14

    Referred to Committee on Education

    referral-committee

  3. 2026-02-03

    Fiscal Impact Statement from Department of Planning and Budget (HB1101)

  4. 2026-02-05

    Assigned HED sub: K-12 Subcommittee

    referral-committee

  5. 2026-02-10

    Subcommittee recommends laying on the table (7-Y 3-N)

  6. 2026-02-18

    Left in Education

Versions

Documents

Votes

  • Subcommittee recommends laying on the table

    2026-02-10 · pass · 7-3

    Member-level votes (11)
    • Shelly A. Simonds: yes
    • Alex Q. Askew: yes
    • Rae Cousins: yes
    • Destiny LeVere Bolling: yes
    • Jessica L. Anderson: yes
    • Lindsey Dougherty: not voting
    • Gretchen M. Bulova: yes
    • Mike A. Cherry: no
    • Anne Ferrell Tata: no
    • Hillary Pugh Kent: no
    • Sam Rasoul: yes

Related bills

No related bills recorded for this bill.

Official source

https://lis.virginia.gov/bill-details/20261/HB1101

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:35:59.552682Z

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