HB 1101 VA

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Introduced

Department of Education; local composite index school funding formula; data center revenue. Requires the Department of Education, in coordination with the Department of Taxation, no later than December 1, 2026, to revise the local composite index school funding formula to include as a factor in the calculation of required local effort any local revenue generated by any data center, as defined in relevant law, in the local school division, including real property taxes and business personal property taxes attributable to the operation of any such center, while also ensuring that no local school division that does not have such a data center is disadvantaged by any such revision. The bill requires the Department to submit such revised formula to the General Assembly no later than December 1, 2026, for approval pursuant to the general appropriation act enacted during any regular or special session during the 2026 calendar year before utilizing and making calculations according to the formula and provide that if the General Assembly grants such approval, the Department of Education shall apply such revised formula effective beginning with the 2028-2030 biennium.

• M. Keith Hodges Republican · primary

1. Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26103681D · lower
2. Jan 14, 2026 Referred to Committee on Education · lower
3. Feb 3, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB1101) · lower
4. Feb 5, 2026 Assigned HED sub: K-12 Subcommittee · lower
5. Feb 10, 2026 Subcommittee recommends laying on the table (7-Y 3-N) · lower
6. Feb 18, 2026 Left in Education · lower

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Introduced · PDF
• Introduced · HTML