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2020 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Reeves
SCHEV - SB 462 (Veteran In-State Tuition)

Item 150 #8s

Item 150 #8s

First Year - FY2021 Second Year - FY2022
Education
State Council of Higher Education for Virginia FY2021 $1,000,000 FY2022 $2,000,000 GF

Language
Page 172, line 41, strike "$100,198,559" and insert "$101,198,559".
Page 172, line 41, strike "$100,198,559" and insert "$102,198,559".


Explanation

(This amendment provides placeholder funding related to the loss in revenue for institutions of higher education associated with Senate Bill 462. The proposed legislation would enable any child of an active duty member or veteran who has claimed Virginia as their home state, and filed Virginia tax returns for at least 10 years during active duty service be eligible for in-state tuition, regardless of domicile. A Fiscal Impact Statement was not yet available for this bill so the estimated amount of needed funding is currently indeterminate. As an example, in the case of changes to the Virginia Military Survivors & Dependents program in 2019, it is estimated by one institution to result in 135 additional eligible students and a corresponding $2.0 million loss of tuition at that one institution alone.)