Virginia 2023 Regular Session Status: Enacted

SB 1520 — Capital outlay funding; authorizes Va. Public Bldg. Authority to issue bonds.

Last action — Acts of Assembly Chapter text (CHAP0294)

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House of Delegates
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 20, 2023. Enacted.

Signed by Governor Glenn Youngkin (Republican) on March 23, 2023.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 38% · moderate confidence

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Failed a recorded vote

    Failed 6 recorded votes so far — a real headwind.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Bill Text

What changed in the latest version

56 added · 55 removed

Plain-language change summary

The updated version of SB 1520 authorizes the Virginia Public Building Authority to issue revenue bonds totaling up to $21,664,500 for specific jail expansion and renovation projects. This funding is intended to cover the state's share of capital costs for the Loudoun County Adult Detention Center and the Albemarle-Charlottesville Regional Jail. The changes ensure that funds will be properly allocated for these projects, which are important for improving local jail facilities. Overall, it reflects the state's commitment to maintaining and upgrading its correctional infrastructure.

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SESSION ENROLLED VIRGINIA ACTS OF ASSEMBLY –– CHAPTER E An Act to authorize capital outlay funding and to amend and reenact the tenth enactment of Chapter 759 and the tenth enactment of Chapter 769 of the Acts of Assembly of 2016.
VIRGINIA ACTS OF ASSEMBLY -- 2023 SESSION CHAPTER 294 An Act to authorize capital outlay funding and to amend and reenact the tenth enactment of Chapter and the tenth enactment of Chapter 769 of the Acts of Assembly of 2016.
R O [S 1520] L Approved Be it enacted by the General Assembly of Virginia:
[S 1520] Approved March 23, 2023 Be it enacted by the General Assembly of Virginia:
L 1.
1.
That pursuant to § 2.2-2264 of the Code of Virginia, the General Assembly hereby authorEzes the Virginia Public Building Authority (VPBA) to issue revenue bonds in a principal amount not to exceed $21,664,500 for the state share of the approved capital costs as determined by the State Board of local and Regional Jails and authorizes any additional amount of VPBA bonds needed to fund other interest costs as provided in §§ 53.1-80 through 53.1-82.2.
That pursuant to § 2.2-2264 of the Code of Virginia, the General Assembly hereby authorizes the Virginia Public Building Authority (VPBA) to issue revenue bonds in a principal amount not to exceed $21,664,500 for the state share of the approved capital costs as determined by the State Board of local and Regional Jails and authorizes any additional amount of VPBA bonds needed to fund other interest costs as provided in §§ 53.1-80 through 53.1-82.2.
Reimbursements of the state share of construction costs shall be subject to the approval of the Department of Corrections for the final expeAgency Code Institution/Agency Project Title Amount B 799 Department of CorrectiLoudoun County Adult $9,975,250 5 Detention Center - Expansion 0 and Renovation R 799 Department of CorrectiAlbemarle-Charlottesvill$11,689,250 Regional Jail - Renovation reenacted as follows:ctment of Chapter 759 of the Acts of Assembly of 2016 is amended and 10.
Reimbursements of the state share of construction costs shall be subject to the approval of the Department of Corrections for the final expenditures.
Agen799Code Department of CorrectionsLoudoun County Adult $9,975,250 Detention Center - Expansion and Renovation Department of CorrectionsAlbemarle-Charlottesville $11,689,250 Regional Jail - Renovation 2.
That the tenth enactment of Chapter 759 of the Acts of Assembly of 2016 is amended and reenacted as follows:
10.
The Six-Year Capital Outlay Plan Advisory Committee shall establish procedures to ensure compliance project progress.
The Six-Year Capital Outlay Plan Advisory Committee shall establish procedures to ensure compliance with the annual issuance limits and shall meet at least quarterly four times annually to review project progress.
In addition, not more than a total aggregate principal amount of $300 million in debt obligations shall be issued excluding refunding bonds in any fiscal year for such capital projects, provided, however, that if less than a total aggregate principal amount of $300 million in added to any other subsequent fiscal year.
In addition, not more than a total aggregate principal amount of $300 million in debt obligations shall be issued excluding refunding bonds in any fiscal year for such capital projects, provided, however, that if less than a total aggregate principal amount of $300 million in debt obligations is incurred in any fiscal year for such capital projects, the unused amount may be added to any other subsequent fiscal year.
Issuance of debt shall proceed so that the projectedy be average annual debt service on all tax-supported debt over the 10-year horizon shall be in accordance with the guidelines established by the Debt Capacity Advisory Committee.
Issuance of debt shall proceed so that the projected average annual debt service on all tax-supported debt over the 10-year horizon shall be in accordance with the guidelines established by the Debt Capacity Advisory Committee.
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Action History

  1. Acts of Assembly Chapter text (CHAP0294)

  2. Approved by Governor-Chapter 294 (effective 7/1/23)

  3. Governor's Action Deadline 11:59 p.m., March 27, 2023

  4. Enrolled Bill Communicated to Governor on March 2, 2023

  5. Signed by President

  6. Impact statement from DPB (SB1520ER)

  7. Signed by Speaker

  8. Bill text as passed Senate and House (SB1520ER)

  9. Enrolled

  10. VOTE: Block Vote Passage (99-Y 0-N)

  11. Passed House BLOCK VOTE (99-Y 0-N)

  12. Read third time

  13. Read second time

  14. Reported from Appropriations (21-Y 0-N)

  15. Assigned App. sub: General Government and Capital Outlay

  16. Referred to Committee on Appropriations

  17. Read first time

  18. Placed on Calendar

  19. Impact statement from DPB (SB1520S1)

  20. Passed Senate (40-Y 0-N)

  21. Constitutional reading dispensed (40-Y 0-N)

  22. Engrossed by Senate - committee substitute SB1520S1

  23. Committee substitute agreed to 23105927D-S1

  24. Reading of substitute waived

  25. Read second time

  26. Constitutional reading dispensed (40-Y 0-N)

  27. Committee substitute printed 23105927D-S1

  28. Reported from Finance and Appropriations with substitute (15-Y 0-N)

  29. Senate committee, floor amendments and substitutes offered

  30. Impact statement from DPB (SB1520)

  31. Referred to Committee on Finance and Appropriations

  32. Presented and ordered printed 23102424D

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 147 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (147)

147 members have not signed on to this bill.

Show all 147 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Subjects

finance transportation
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Frequently asked questions

Who sponsors SB 1520?
SB 1520 is sponsored by Howell, Janet D..
What is the current status of SB 1520?
This bill has been enacted into law. Introduced January 20, 2023. Enacted.
Where can I track SB 1520?
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