Virginia 2023 Regular Session

Virginia House Bill HB2462

Introduced
1/20/23  
Refer
1/20/23  
Report Pass
1/30/23  

Caption

Student loans, certain; default, institutional liability.

Impact

If passed, HB2462 would amend the Code of Virginia by adding provisions that require organizations to receive reimbursements for fines relating to COVID-19 guidelines. This includes the development of procedures by the Secretary of Finance for the reimbursement process, funded by appropriations from the general fund. The reallocation of $1,000,000 from the general fund is outlined for this purpose, suggesting a significant budgetary consideration tied to the bill's provisions.

Summary

House Bill 2462 aims to establish a framework for the reimbursement of fines, fees, and interest imposed on individuals, businesses, and nonprofit organizations for violations of COVID-19 related regulations. Under this bill, all state agencies are required to report the total amounts of these penalties to the Secretary of Finance. This is intended to create transparency regarding the financial penalties associated with noncompliance and to ensure that there is a systematic way of handling reimbursements for those affected.

Contention

While the bill aims to address the financial burdens faced by businesses and individuals due to COVID-19 penalties, it also raises questions regarding the appropriateness of government responses to public health regulations. Critics may argue that this bill undermines the necessary authority of public health mandates by establishing a potential fiscal incentive for noncompliance. Additionally, there could be concerns about the funding mechanisms and appropriateness of the amount proposed for reimbursements, especially in light of broader budgetary needs in the state.

Companion Bills

No companion bills found.

Previously Filed As

VA HSB540

A bill for an act providing for partial liability of regents institutions for defaulted educational loans.(See HF 2241.)

VA AB418

Property taxation: tax-defaulted property.

VA HF2241

A bill for an act providing for partial liability of regents institutions for defaulted educational loans.(Formerly HSB 540.)

VA HB1213

Relating to the issuance of a transcript by a postsecondary educational institution to a student who is in default on certain student loans.

VA AB700

Student loans: public service educational loan forgiveness program.

VA HB2104

Seizure rescue meds.; administration by certain school employees, possession by certain students.

VA SB1036

Seizure rescue meds.; administration by certain school employees, possession by certain students.

VA AB2705

Property taxation: tax-defaulted property sales: excess proceeds claims.

VA HB2003

Affordable Loans for Students Act

VA HB178

Certified student support agencies; DOE to assess impact of developing program for students.

Similar Bills

No similar bills found.