HB1001
Virginia College Access and Affordability Scholarship Fund; established, report.
Status:
In House
Latest Action:
Feb. 9, 2026
House: Committee substitute printed 26107450D-H1
Chief Patron:
Kathy Tran (D)
Session:
2026 Regular Session
Summary
As Introduced. Commonwealth Savers Plan; State Council of Higher Education for Virginia; Virginia College Access and Affordability Scholarship Fund established; work group; report.
Directs the transfer of actuarial surplus defined benefit prepaid tuition contract funds from the Commonwealth Savers Plan (the Plan) Fund into a DB529 Fund established by the bill to be deposited into the Virginia College Access and Affordability Scholarship Fund (the Access Fund) established by the bill. Under the bill, ... (More) the DB529 Fund and the Access Fund operate as subfunds of the Commonwealth Savers Plan Fund. (Less)-
Bill History
- 01/14/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26104912D
- 01/14/2026 - House: Referred to Committee on Education
- 01/30/2026 - House: Assigned HED sub: Higher Education
- 02/03/2026 - House: Placed on Education Agenda
- 02/06/2026 - House: Placed on Education Agenda
- 02/09/2026 - House: House committee offered
- 02/09/2026 - House: Reported from Education with substitute and referred to Appropriations (14-Y 7-N)
- 02/09/2026 - House: Referred to Committee on Appropriations
- 02/09/2026 - House: Committee substitute printed 26107450D-H1
