General appropriation act; designation of add'tl surplus, modifications to certain programs, report.
Impact
The bill's provisions are set to take effect on July 1, 2024, and it establishes a firm financial framework for future educational program funding. In addition, it mandates a comprehensive review by the Joint Legislative Audit and Review Commission (JLARC) concerning the Virginia Military Survivors and Dependents Education Program. This review aims to analyze participant data and costs associated with waivers from educational institutions, ensuring the program's sustainability in the long term.
Summary
SB6009 is a general appropriation act that aims to address the allocation of additional surplus revenues collected during the fiscal year 2024. This bill specifically sets aside $45 million from excess revenues for educational programs under Title 23.1, Chapter 6 of the Code of Virginia, which serves to benefit military survivors and their dependents. This allocation reflects an increased commitment to support education initiatives tailored for veterans and their families, marking a significant enhancement in state education funding directed towards this demographic.
Contention
Key points of contention likely revolve around the sufficiency of the allocated amount in meeting the needs of military families and the effectiveness of the review mechanisms instituted by JLARC. Stakeholders may raise concerns regarding whether $45 million will adequately address the diverse educational needs of military survivors and whether additional funding may be required in the future. Moreover, analyzing the program's sustainability against other states could lead to deliberations about the competitiveness and attractiveness of Virginia's benefits for military families.