{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-439.27.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-439.27.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-439.27.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-439.27.html"}],"law_id":87412,"edition_id":1,"section_id":87412,"structure_id":15394,"section_number":"58.1-439.27","catch_line":"Scholarship foundation eligibility and requirements; list of foundations receiving donations","history":"2012, cc. 731, 842; 2013, cc. 713, 716.","full_text":"A\n\nPersons seeking to receive and administer tax-credit-approved funds shall submit information to the Department of Education, which shall determine whether an applicant is a scholarship foundation as defined in § 58.1-439.25. The Department of Education shall prescribe through guidelines what reasonable information shall be submitted by such persons. Notice of approval or denial, including reasons for denial, shall be issued by the Department of Education to the applicant within 60 days after the complete information is submitted. Any approval shall not be withheld unreasonably.B\n\nThe Department of Education shall submit a list of all scholarship foundations that received donations for which tax credits were issued under this article to the Chairmen of the House Committee on Finance and the Senate Committee on Finance and Appropriations no later than December 1 of each year. The list shall report such scholarships for the 12-month period ending on the immediately preceding June 30.","order_by":null,"text":{"0":{"id":312957,"text":"Persons seeking to receive and administer tax-credit-approved funds shall submit information to the Department of Education, which shall determine whether an applicant is a scholarship foundation as defined in § 58.1-439.25. The Department of Education shall prescribe through guidelines what reasonable information shall be submitted by such persons. Notice of approval or denial, including reasons for denial, shall be issued by the Department of Education to the applicant within 60 days after the complete information is submitted. Any approval shall not be withheld unreasonably.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":312958,"text":"The Department of Education shall submit a list of all scholarship foundations that received donations for which tax credits were issued under this article to the Chairmen of the House Committee on Finance and the Senate Committee on Finance and Appropriations no later than December 1 of each year. The list shall report such scholarships for the 12-month period ending on the immediately preceding June 30.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":15394,"edition_id":1,"name":"Education Improvement Scholarships Tax Credits","identifier":"13.3","label":"article","depth":4,"order_by":1,"parent_id":13152,"metadata":{},"date_created":"2026-06-26 03:54:36","date_modified":"2026-06-26 03:54:36","permalink":{"id":253691,"object_type":"structure","relational_id":15394,"identifier":"13.3","token":"58.1\/I\/3\/13.3","url":"\/58.1\/I\/3\/13.3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13152,"edition_id":1,"name":"Income Tax","identifier":"3","label":"chapter","depth":3,"order_by":1,"parent_id":12837,"metadata":{},"date_created":"2026-06-26 03:44:21","date_modified":"2026-06-26 03:44:21","permalink":{"id":253267,"object_type":"structure","relational_id":13152,"identifier":"3","token":"58.1\/I\/3","url":"\/58.1\/I\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12837,"edition_id":1,"name":"Taxes Administered by the Department of Taxation","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12703,"metadata":{},"date_created":"2026-06-26 03:43:55","date_modified":"2026-06-26 03:43:55","permalink":{"id":252075,"object_type":"structure","relational_id":12837,"identifier":"I","token":"58.1\/I","url":"\/58.1\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12703,"edition_id":1,"name":"Taxation","identifier":"58.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":251959,"object_type":"structure","relational_id":12703,"identifier":"58.1","token":"58.1","url":"\/58.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":64701,"structure_id":15394,"section_number":"58.1-439.25","catch_line":"(Applicable to taxable years beginning January 1, 2028) Definitions","url":"\/58.1-439.25\/","token":"58.1\/I\/3\/13.3\/58.1-439.25","metadata":false},{"id":58634,"structure_id":15394,"section_number":"58.1-439.26","catch_line":"Tax credit for donations to certain scholarship foundations","url":"\/58.1-439.26\/","token":"58.1\/I\/3\/13.3\/58.1-439.26","metadata":false},{"id":87412,"structure_id":15394,"section_number":"58.1-439.27","catch_line":"Scholarship foundation eligibility and requirements; list of foundations receiving donations","url":"\/58.1-439.27\/","token":"58.1\/I\/3\/13.3\/58.1-439.27","metadata":false},{"id":65773,"structure_id":15394,"section_number":"58.1-439.28","catch_line":"(Applicable to taxable years beginning on and after January 1, 2028) Guidelines for scholarship foundations","url":"\/58.1-439.28\/","token":"58.1\/I\/3\/13.3\/58.1-439.28","metadata":false}],"previous_section":{"id":58634,"structure_id":15394,"section_number":"58.1-439.26","catch_line":"Tax credit for donations to certain scholarship foundations","url":"\/58.1-439.26\/","token":"58.1\/I\/3\/13.3\/58.1-439.26","metadata":false},"next_section":{"id":65773,"structure_id":15394,"section_number":"58.1-439.28","catch_line":"(Applicable to taxable years beginning on and after January 1, 2028) Guidelines for scholarship foundations","url":"\/58.1-439.28\/","token":"58.1\/I\/3\/13.3\/58.1-439.28","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-439.27\/","history_text":"

This law was first created in 2012. The record of its establishment is cataloged in chapters 731<\/a> and 842<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2013, chapters 713<\/a> and 716<\/a>.<\/p>","references":[{"id":64701,"section_number":"58.1-439.25","catch_line":"(Applicable to taxable years beginning January 1, 2028) Definitions","order_by":null,"url":"\/58.1-439.25\/"}],"refers_to":[{"id":64701,"section_number":"58.1-439.25","catch_line":"(Applicable to taxable years beginning January 1, 2028) Definitions","order_by":null,"url":"\/58.1-439.25\/"}],"permalink":{"id":253701,"object_type":"law","relational_id":87412,"identifier":"58.1-439.27","token":"58.1\/I\/3\/13.3\/58.1-439.27","url":"\/58.1-439.27\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-439.27\/","token":"58.1\/I\/3\/13.3\/58.1-439.27","dublin_core":{"Title":"Scholarship foundation eligibility and requirements; list of foundations receiving donations","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-439.27","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Persons seeking to receive and administer tax-credit-approved funds shall submit information to the Department<\/span> of Education, which shall determine whether an applicant is a scholarship foundation<\/span> as defined in § 58.1-439.25<\/a>. The Department<\/span> of Education shall prescribe through guidelines what reasonable information shall be submitted by such persons. Notice of approval or denial, including reasons for denial, shall be issued by the Department<\/span> of Education to the applicant within 60 days after the complete information is submitted. Any approval shall not be withheld unreasonably. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The Department<\/span> of Education shall submit a list of all scholarship foundations<\/span> that received donations for which tax credits were issued under this article to the Chairmen of the House Committee on Finance and the Senate Committee on Finance and Appropriations no later than December 1 of each year. The list shall report such scholarships for the 12-month period ending on the immediately preceding June 30. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nSCHOLARSHIP FOUNDATION ELIGIBILITY AND REQUIREMENTS; LIST OF FOUNDATIONS\nRECEIVING DONATIONS (\u00a7 58.1-439.27)\n\nA. Persons seeking to receive and administer tax-credit-approved funds shall\nsubmit information to the Department of Education, which shall determine whether\nan applicant is a scholarship foundation as defined in § 58.1-439.25. The\nDepartment of Education shall prescribe through guidelines what reasonable\ninformation shall be submitted by such persons. Notice of approval or denial,\nincluding reasons for denial, shall be issued by the Department of Education to\nthe applicant within 60 days after the complete information is submitted. Any\napproval shall not be withheld unreasonably.\n\nB. The Department of Education shall submit a list of all scholarship\nfoundations that received donations for which tax credits were issued under this\narticle to the Chairmen of the House Committee on Finance and the Senate\nCommittee on Finance and Appropriations no later than December 1 of each year.\nThe list shall report such scholarships for the 12-month period ending on the\nimmediately preceding June 30.\n\nHISTORY: 2012, cc. 731, 842; 2013, cc. 713, 716.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}