SB773 • 2026

Community Colleges, powers, State Board for; acquisition and improvement of certain property.

<p class=ldtitle>A BILL to authorize the State Board for Community Colleges to acquire certain property located adjacent to the campus of Laurel Ridge Community College.</p>

Education Taxes

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: French
Last action: 2026-02-12
Official status: Continued
Effective date: Not listed

Plain English Breakdown

Checked against official source text during the last sync.

Laurel Ridge Community College Property Acquisition

This bill allows Laurel Ridge Community College's State Board to buy certain property near the campus and turn it into a facility for education and workforce training.

What This Bill Does

Allows the State Board for Community Colleges to purchase specific land next to Laurel Ridge Community College.
Requires that the purchase price be below fair market value, using only non-general fund money from the college.
Makes the purchased property part of state-owned facilities under the control of the State Board.
Enables the renovated facility on this property to support student services and workforce training in various fields.

Who It Names or Affects

Laurel Ridge Community College
The State Board for Community Colleges

Terms To Know

State-owned facilities: Buildings or land that belong to the state and are managed by government agencies.
Nongeneral fund sources: Money from specific funds, not general tax money, used for particular purposes like college operations.

Limits and Unknowns

The bill does not specify the exact location or details of the property being acquired.
It is unclear how much funding will be available for renovations and maintenance after acquisition.

Bill History

2026-02-12 Education and Health
Reported from Education and Health and rereferred to Finance and Appropriations (15-Y 0-N)
2026-02-12 Finance and Appropriations
Continued to 2027 in Finance and Appropriations (15-Y 0-N)
2026-02-10 Senate
Fiscal Impact Statement from Department of Planning and Budget (SB773)
2026-02-09 Higher Education
Assigned Education sub: Higher Education
2026-01-22 Senate
Presented and ordered printed 26104448D
2026-01-22 Education and Health
Referred to Committee on Education and Health

Official Summary Text

State Board for Community Colleges; powers; Laurel Ridge Community College; acquisition and improvement of certain property; authorization.
Authorizes the State Board of Community Colleges to acquire, by purchase, certain real property and improvements located adjacent to the Laurel Ridge Community College Campus and to execute and deliver such deeds, agreements, plats, and other instruments as necessary to carry out such acquisition in accordance with the provisions of the bill.

Current Bill Text

Read the full stored bill text

A BILL to authorize the State Board for Community Colleges to acquire certain property located adjacent to the campus of Laurel Ridge Community College.

Be it enacted by the General Assembly of Virginia:

1.
§ 1.
That the State Board for Community Colleges (
the
St
ate Board) is hereby authorized to acquire, by purchase, certain real property and improvements located adjacent to the Laurel Ridge Community College campus, consisting of approximately 4.8 acres of land and including an existing facility and the associated site and adjacent parking area, in
accordance with the following requirements:

1. The acquisition of such real property shall be from the Laurel Ridge Community College Educational Foundation and shall constitute a partial gift to the Commonwealth, whereby the purchase price shall be established at an amount below the appr
aised fair market value of the property. The
c
onsideration paid shall be derived exclusively from nongeneral fund sources available to Laurel Ridge Community College, including auxiliary enterprise reserves and revenues generated from noncredit workforce programs. General fund or capital outlay appropr
iations shall not be required for such acquisition;
and

2. Upon acquisition of such real property
:

a. T
he property and any improvements shall become state-owned facilities under the control of the State Board and shall be eligible for inclusion in the Virginia Community College System c
apital outlay program and for state maintenance reserve support, consistent with applicable law and regulation; and

b. The facility existing on such property shall remain available to support student support services consistent with the mission of Laurel Ridge Community Co
llege and, with such funding as shall become available from state or nonstate sources, shall be renovated by Laurel Ridge Community College and converted into a facility to support instruction and workforce training in career and technical education fields, including health care, information technology, an
d skilled trades
.

The State Board shall be authorized to execute and deliver such deeds, agreements, plats, and other instruments as necessary to carry out such acquisition in accordance with the provisions of this act.