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Virginia · 2026 Regular Session · Bill

HB 753: Public school funding; composite index of local ability-to-pay.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 753 is a bill introduced in the Virginia House on January 13, 2026. According to its official title, it concerns: Public school funding; composite index of local ability-to-pay. Primary sponsor: Chris Runion (Republican). It lists 1 additional sponsor. Most recent recorded action (February 18, 2026): Left in Education.

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; use value of real estate devoted to certain uses. Requires, for the purpose of determining the state and local shares of basic aid funding, that the composite index of local ability-to-pay utilize the use value of all applicable real estate (i) devoted to agricultural use, horticultural use, forest use, and open-space use in each locality that has adopted an ordinance by which it provides for the use valuation and taxation of such real estate and (ii) used in agricultural and forestal production within an agricultural district, forestal district, agricultural and forestal district, or agricultural and forestal district of local significance in each locality that provides for the use valuation and taxation of such real estate, regardless of whether it has adopted a local land-use plan or local ordinance for such valuation and taxation.

Sponsors

Sponsors by party (alphabetical): Republican 1

NameRolePartyChamberDistrict
Chris RunionPrimary sponsorRepublicanHouse35
Ellen H. McLaughlinCo-sponsorNot 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

  1. Left in Education
  2. Subcommittee recommends laying on the table (7-Y 3-N)
  3. Assigned HED sub: K-12 Subcommittee
  4. Fiscal Impact Statement from Department of Planning and Budget (HB753)
  5. Referred to Committee on Education
  6. Prefiled and ordered printed; Offered 01-14-2026 26102806D

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source