Virginia 2025 Regular Session

Virginia Senate Bill SB1473 Compare Versions

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1-CHAPTER 362
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5+VIRGINIA ACTS OF ASSEMBLY -- CHAPTER
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37 An Act to amend and reenact 2.2-1517 of the Code of Virginia, relating to six-year capital outlay plan and capital funding.
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59 [S 1473]
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7-Approved March 21, 2025
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913 Be it enacted by the General Assembly of Virginia:
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1115 1. That 2.2-1517 of the Code of Virginia is amended and reenacted as follows:
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1317 2.2-1517. Agency submission of information.
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1519 A. In addition to all other reporting requirements imposed upon state agencies and public educational institutions provided under law, state agencies and public educational institutions shall submit information as determined by the Advisory Committee for the initial development of the capital outlay project list as described in 2.2-1516, as well as for the annual modifications to the six-year capital outlay plan described in 2.2-1518. The information for the annual modifications shall include, but not be limited to, changes in cost estimates.
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1721 B. On or before January 30 each year, the Director of the Department of General Services, on behalf of the Advisory Committee, shall advise state agencies and public educational institutions of the content, format, and method established by the Advisory Committee for submitting the information described in subsection A.
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1923 C. State agencies and public educational institutions shall submit the information, in the manner prescribed by the Director of the Department of General Services on behalf of the Advisory Committee pursuant to subsection B, to the Department of General Services and the Department of Planning and Budget on or before March 30 each year. In addition, public educational institutions shall submit the information to the State Council of Higher Education.
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2125 D. The Department of Planning and Budget, the Department of General Services, and the staff of the State Council of Higher Education shall review the information submitted and shall submit the information and the results of their review, in the manner prescribed by the Advisory Committee, to the Advisory Committee on or before June 30 each year.
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2327 E. On the same day that the Governor presents his preliminary report pursuant to 2.2-813, the Advisory Committee shall meet at a time and place specified by the Secretary of Finance to consider the information provided pursuant to subsection D, as well as a capital outlay project status report, to be prepared by the Director of the Department of General Services, on all active projects that have received any funding, including completed planning estimates, project bids, and project timelines. The Advisory Committee shall submit its evaluations and recommendations regarding capital outlay projects to the Governor and the General Assembly on or before November 1 each year.