Virginia · 2026 Regular Session · Bill
HB 1167: Public school funding; composite index of local ability-to-pay; calculation.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1167 is a bill introduced in the Virginia House on January 14, 2026. According to its official title, it concerns: Public school funding; composite index of local ability-to-pay; calculation. Primary sponsor: Stacey Annie Carroll. Most recent recorded action (February 18, 2026): Left in Committee Appropriations.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Public school funding; composite index of local ability-to-pay; calculation; exclusion of certain exempt property. Provides that on and after July 1, 2026, the calculation for the composite index of local ability-to-pay for each school division, after determining and weighting the true value of real property, adjusted gross income, and taxable retail sales in such school division, shall exclude the value of any real property within the school division that is exempt from real property tax due to its ownership by either (i) a veteran who has a 100 percent service-connected, permanent, and total disability or (ii) a surviving spouse of a member of the armed forces who died in the line of duty, before adjusting each school division's share to maintain an overall statewide local share of 45 percent and an overall state share of 55 percent.
Sponsors
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Stacey Annie Carroll | Primary sponsor | Not applicable (committee) | — | — |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Left in Committee Appropriations
- Assigned HAPP sub: Elementary & Secondary Education
- Referred to Committee on Appropriations
- Prefiled and ordered printed; Offered 01-14-2026 26104122D