Lionell Spruill
- Democratic
Primary
Entitlement to sales tax revenues from certainpublic facilities; authorized localities and facilities; sunset.Adds the City of Chesapeake to the list of localities that are authorizedto issue bonds for the construction of public facilities and retainsales and use tax revenue generated within such facilities to payoff such bonds. The bill adds outdoor amphitheater to the list ofauthorized public facilities and extends until July 1, 2024, theperiod of time during which authorized localities may issue bonds for the construction of public facilities and retain sales and usetax revenue generated within such facilities to pay off such bonds.Under current law, such authority expires on July 1, 2020.
Stricken at request of Patron in Finance and Appropriations (16-Y 0-N)
Impact statement from TAX (SB559)
Moved from Finance to Finance and Appropriations due to a change of the committee name
Prefiled and ordered printed; offered 01/08/20 20101315D
Referred to Committee on Finance and Appropriations
| Bill Text Versions | Format |
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| Impact statement from TAX (SB559) | HTML |
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| No related documents. |
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