SB 927

Abstract

Virginia Sports Tourism Fund. Creates the Virginia Sports Tourism Fund, to be Administered by the Virginia Tourism Authority, to provide grants to sports tourism activity sponsors, defined in the bill, in order to develop and attract sports tourism activities, also defined in the bill, to the Commonwealth. The bill requires the Virginia Tourism Authority to establish guidelines and criteria for grant awards and to report annually on the Fund and grant program. The bill also requires a work group of stakeholders to be convened to recommend guidelines for grant disbursements from the Fund and report such recommendations to the General Assembly by October 31, 2025.

A BILL to amend the Code of Virginia by adding a section numbered 2.2-2320.3, relating to Virginia Sports Tourism Fund; established.