Virginia House of Delegates, Senate Pass Budget Bills with Competing Tax Policy

RICHMOND, Virginia – The House of Delegates and the Senate have passed their separate budget proposals for Fiscal Year 2022 and 2023. Both chambers debated floor amendments to the bills on Thursday before passing them, but the final versions are broadly similar to the proposals announced earlier this week. Each chamber’s proposal is based on former Governor Ralph Northam’s budget proposal, but the money committees made significant amendments before sending them to be passed out of the House and Senate. The Senate bill contains fewer tax cuts than the House bill, allowing for more spending, while the House bill is closer to the tax policy Governor Glenn Youngkin has called for. The two chambers now enter a process of working to a compromise.

Senate Finance Chair Janet Howell (D-Fairfax) told the Senate that the proposal fulfilled promises made amid spending cuts during earlier hard times.

“In this budget we’ve done that, by making significant investments in education, natural resources,  public safety, and human services. We’re also chipping away a funding cap on support positions for K-12 education over both years of the biennium, embracing increased teacher and state employee pay, and adding to those compensation increases a one-time bonuses for teachers and state employees,” Howell said.

Read More

Commission Passes School Upgrade Funding Recommendations to Virginia General Assembly

Virginia’s Commission on School Construction and Modernization recommended actions for the General Assembly and the Governor to take to help fund upgrades and new construction in schools.

A June report to the Commission found that 41 percent of school divisions are at or above capacity, and 29 percent are nearing capacity. More than half of school buildings are over 50 years old, and divisions in Western Virginia, Southwest, and Southside have the oldest buildings with a median age of 58 years.

Read More