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Certain school divisions; cost-savings agreements; requirements. Removes the limitation on any school board that enters into certain cost-savings agreements with a school board that governs a contiguous school division for the consolidation or sharing of educational, administrative, or support services and thus qualifies for adjustment of the state share of basic aid computed annually on the basis of the composite index of local ability-to-pay of such contiguous school division that caps such adjusted basic aid payment at an amount equal to the basic aid payment appropriated to such locality by the 2007 Session of the General Assembly. The bill also permits, notwithstanding the requirement set forth in relevant law that a school division have 65 percent or more of its local taxes come from real estate taxes in order for the school board that governs such school division to be eligible to enter into such cost-savings agreements with a contiguous school division, the Bath County School Board to enter into such cost-savings agreements with the Augusta County School Board, provided that all other conditions and limitations set forth in relevant law apply to any such agreement.
Introduced
Jan 14, 2026
Last Action
Feb 18, 2026
Session
VA 2026
Sponsors
1 primary · 0 co
Left in Committee Appropriations
Subcommittee recommends laying on the table (6-Y 0-N)
Fiscal Impact Statement from Department of Planning and Budget (HB1059)
Assigned HAPP sub: Elementary & Secondary Education
Prefiled and ordered printed; Offered 01-14-2026 26104928D
Referred to Committee on Appropriations
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Left in Committee Appropriations
Michael J. Webert