Virginia 2024 Regular Session

Virginia House Bill HB715

Introduced
1/9/24  
Refer
1/9/24  
Report Pass
1/31/24  
Engrossed
2/5/24  
Refer
2/7/24  
Report Pass
2/21/24  
Engrossed
2/23/24  
Engrossed
3/6/24  
Engrossed
3/9/24  
Enrolled
3/25/24  
Chaptered
3/28/24  

Caption

Capital outlay plan; repeals existing six-year capital outlay for projects to be funded.

Impact

The impact of HB 715 on state laws will be notable as it shifts focus from the previous plan to a newly selected set of capital projects that address pressing needs across different state departments. The repeal of the old plan might pave the way for more strategic and possibly expedited funding allocations for critical infrastructure and public service enhancements. This change could significantly affect how funds are distributed across various state projects, emphasizing efficiency and alignment with current governmental priorities.

Summary

House Bill 715 aims to repeal the existing six-year capital outlay plan for various projects funded by the state general fund. The bill outlines a new capital outlay plan, specifying which projects will be considered for funding over the next six years starting from July 1, 2024. The projected projects include significant capital investments across various state agencies, such as the construction of new facilities and renovations of existing buildings, thereby indicating a commitment to infrastructure development within the state.

Sentiment

General sentiment around HB 715 appears to be positive among supporters who advocate for streamlined funding processes and targeted investments in infrastructure. Lawmakers expressed a consensus on the necessity of funding priorities, considering public welfare and economic development. However, some may raise concerns about potential omissions of projects that were included in the prior plan, which could impact specific community needs or lead to disparities in capital development across regions.

Contention

Contention regarding HB 715 may stem from differing opinions on the appropriateness of the chosen projects for funding. Critics may argue that repealing the previous plan could lead to the abandonment of projects that had already been slated for funding, resulting in disruptions to local developments that communities were counting on. Additionally, potential transparency and decision-making processes behind selecting proposed projects could become points of debate, as stakeholders seek assurance that all significant needs are equitably met.

Companion Bills

VA SB585

Similar To Capital outlay plan; repeals existing six-year capital outlay for projects to be funded.

VA SB601

Similar To Capital outlay plan; repeals existing six-year capital outlay for projects to be funded.

Previously Filed As

VA SB240

Capital Outlay Projects

VA HB450

Capital Outlay Projects

VA SB1473

Six-year capital outlay plan and funding; removes certain requirement.

VA SB0163

Appropriations: capital outlay; appropriations for fiscal year 2025-2026; provide for. Creates appropriation act.

VA HB2

Provides for the comprehensive Capital Outlay budget

VA SB425

Capital Outlay Reauthorizations

VA HB2

Provides for the comprehensive Capital Outlay budget (Item #7)

VA HB332

Capital Outlay Reauthorizations

VA SB1737

Capital outlay; 2025-2026; appropriations

VA HB2

Provides for the comprehensive Capital Outlay budget

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