VA HB1378

Authorizes the State Board for Community Colleges to purchase approximately 4.8 acres of land and an existing facility adjacent to the Laurel Ridge Community College campus from the Laurel Ridge Community College Educational Foundation

Structures the acquisition as a partial gift to the Commonwealth, with the purchase price set below appraised fair market value and funded exclusively from nongeneral fund sources such as auxiliary enterprise reserves and noncredit workforce program revenues

Prohibits the use of general fund or capital outlay appropriations for the property acquisition

Transfers the acquired property to state ownership under the State Board's control, making it eligible for inclusion in the Virginia Community College System capital outlay program and state maintenance reserve support

Requires the existing facility to support student services and, as funding becomes available, be renovated for career and technical education instruction in fields including health care, information technology, and skilled trades