HB 2368

  • Virginia House Bill
  • 2019 Regular Session
  • Introduced in House Jan 08, 2019
  • Passed House Feb 05, 2019
  • Senate
  • Governor

Sports or entertainment project; City of Va. Beach granted certain powers relating to construction.

Abstract

Grants the City of Virginia Beach certain powers relating to construction of a sports or entertainment project and any related facilities. Among those powers is the authority to (i) issue bonds to construct a sports or entertainment project, (ii) receive state sales and use tax revenue that is attributable to such project, and (iii) use such revenue to repay such bonds. The bill provides that the City of Virginia Beach's entitlement to state sales and use tax revenue shall expire on July 1, 2039. The powers granted by the bill to the City of Virginia Beach are similar to those granted to the Hampton Roads Sports Facility Authority.

Bill Sponsors (2)

Votes


Actions


Feb 18, 2019

Senate

Left in Finance

Feb 12, 2019

Senate

Rereferred to Finance

Feb 06, 2019

Senate

Constitutional reading dispensed

Senate

Referred to Committee on Local Government

Feb 05, 2019

House

Read third time and passed House (72-Y 26-N)

Feb 04, 2019

House

Engrossed by House as amended HB2368E

House

Read second time

House

Committee amendment agreed to

House

Printed as engrossed 19104205D-E

Feb 01, 2019

House

Read first time

Jan 18, 2019

House

Assigned Finance sub: Subcommittee #2

Jan 08, 2019

House

Prefiled and ordered printed; offered 01/09/19 19104205D

House

Referred to Committee on Finance

Bill Text

Bill Text Versions Format
House amendments adopted HTML
House subcommittee amendments and substitutes adopted HTML
House: Prefiled and ordered printed; offered 01/09/19 19104205D HTML
House: Printed as engrossed 19104205D-E HTML

Related Documents

Document Format
No related documents.

Sources

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