Virginia 2024 Regular Session

Virginia House Bill HB715

Introduced
1/9/24  
Refer
1/9/24  
Report Pass
1/31/24  
Engrossed
2/5/24  
Refer
2/7/24  
Report Pass
2/21/24  
Engrossed
2/23/24  
Engrossed
3/6/24  
Engrossed
3/9/24  
Enrolled
3/25/24  
Chaptered
3/28/24  

Caption

Capital outlay plan; repeals existing six-year capital outlay for projects to be funded.

Impact

The impact of HB 715 on state laws will be notable as it shifts focus from the previous plan to a newly selected set of capital projects that address pressing needs across different state departments. The repeal of the old plan might pave the way for more strategic and possibly expedited funding allocations for critical infrastructure and public service enhancements. This change could significantly affect how funds are distributed across various state projects, emphasizing efficiency and alignment with current governmental priorities.

Summary

House Bill 715 aims to repeal the existing six-year capital outlay plan for various projects funded by the state general fund. The bill outlines a new capital outlay plan, specifying which projects will be considered for funding over the next six years starting from July 1, 2024. The projected projects include significant capital investments across various state agencies, such as the construction of new facilities and renovations of existing buildings, thereby indicating a commitment to infrastructure development within the state.

Sentiment

General sentiment around HB 715 appears to be positive among supporters who advocate for streamlined funding processes and targeted investments in infrastructure. Lawmakers expressed a consensus on the necessity of funding priorities, considering public welfare and economic development. However, some may raise concerns about potential omissions of projects that were included in the prior plan, which could impact specific community needs or lead to disparities in capital development across regions.

Contention

Contention regarding HB 715 may stem from differing opinions on the appropriateness of the chosen projects for funding. Critics may argue that repealing the previous plan could lead to the abandonment of projects that had already been slated for funding, resulting in disruptions to local developments that communities were counting on. Additionally, potential transparency and decision-making processes behind selecting proposed projects could become points of debate, as stakeholders seek assurance that all significant needs are equitably met.

Companion Bills

VA SB585

Similar To Capital outlay plan; repeals existing six-year capital outlay for projects to be funded.

VA SB601

Similar To Capital outlay plan; repeals existing six-year capital outlay for projects to be funded.

Previously Filed As

VA SB1068

Capital outlay plan; updates the six-year capital outlay for projects to be funded.

VA HB1843

Capital outlay plan; updates the six-year capital outlay for projects to be funded.

VA SB1520

Capital outlay funding; authorizes Va. Public Bldg. Authority to issue bonds.

VA HB2399

School boards; unexpended local funds, capital reserve fund permitted.

VA SB1357

Capitol Square Preservation Council; powers and duties.

VA HB1840

Eastern Virginia Health Sciences Center; establishing at Old Dominion University.

VA SB1211

Eastern Virginia Health Sciences Center; establishing at Old Dominion University.

VA HB1400

Budget Bill.

VA HB2396

Virginia College Savings Plan; renamed Commonwealth Savers Plan, duties of governing board.

VA HB2409

Virginia College Savings Plan; renamed Commonwealth Savers Plan, duties of governing board.

Similar Bills

VA SB115

Capital outlay plan; repeals existing six-year capital outlay for projects to be funded.

VA HB166

Capital outlay plan; repeals existing six-year capital outlay for projects to be funded.

VA SB585

Capital outlay plan; repeals existing six-year capital outlay for projects to be funded.

VA SB601

Capital outlay plan; repeals existing six-year capital outlay for projects to be funded.

VA SB1068

Capital outlay plan; updates the six-year capital outlay for projects to be funded.

VA HB1843

Capital outlay plan; updates the six-year capital outlay for projects to be funded.

MN SF487

Microenterprise home kitchen operation license creation

MN HF238

Unpaid special assessment interest accrual rate modified, refunds on interest payments required, and technical changes made.