Virginia 2023 Regular Session

Virginia House Bill HB2462

Introduced
1/20/23  
Refer
1/20/23  
Report Pass
1/30/23  

Caption

Student loans, certain; default, institutional liability.

Impact

If passed, HB2462 would amend the Code of Virginia by adding provisions that require organizations to receive reimbursements for fines relating to COVID-19 guidelines. This includes the development of procedures by the Secretary of Finance for the reimbursement process, funded by appropriations from the general fund. The reallocation of $1,000,000 from the general fund is outlined for this purpose, suggesting a significant budgetary consideration tied to the bill's provisions.

Summary

House Bill 2462 aims to establish a framework for the reimbursement of fines, fees, and interest imposed on individuals, businesses, and nonprofit organizations for violations of COVID-19 related regulations. Under this bill, all state agencies are required to report the total amounts of these penalties to the Secretary of Finance. This is intended to create transparency regarding the financial penalties associated with noncompliance and to ensure that there is a systematic way of handling reimbursements for those affected.

Contention

While the bill aims to address the financial burdens faced by businesses and individuals due to COVID-19 penalties, it also raises questions regarding the appropriateness of government responses to public health regulations. Critics may argue that this bill undermines the necessary authority of public health mandates by establishing a potential fiscal incentive for noncompliance. Additionally, there could be concerns about the funding mechanisms and appropriateness of the amount proposed for reimbursements, especially in light of broader budgetary needs in the state.

Companion Bills

No companion bills found.

Previously Filed As

VA HB2461

COVID-19; penalty reimbursements, sunset provision.

VA SB1494

Property taxation: revenue allocations: tax-defaulted property sales.

VA AB528

Property taxation: tax-defaulted property: sales to nonprofits.

VA SB964

Property tax: tax-defaulted property sales.

VA AB1839

Property tax: tax-defaulted property sales.

VA AB418

Property taxation: tax-defaulted property.

VA AB2021

Property tax sales: access to tax-defaulted property information.

VA SB791

Student loan disclosure: cohort default and other rates.

VA AB445

Property tax: tax-defaulted property sales.

VA AB180

Institutional and community corrections: Smart Justice Student Program.

Similar Bills

No similar bills found.