Tourism zones; tax revenues for tourism projects. (SB1193)
Introduced By
Sen. Tommy Norment (R-Williamsburg)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Tourism zones; tax revenues for tourism projects. Authorizes a locality that has established a tourism zone and adopted, by ordinance, a tourism plan to enter into an agreement with an authorized tourism project that would entitle the tourism project to one percent of the sales tax revenues generated on the premises of the project. The revenues must be used for debt service, and must be matched by the tourism project. If the locality has not adopted a tourism plan, it may, by ordinance, enter into a similar agreement to return one percent of local sales tax revenues to the project. Read the Bill »
Outcome
History
| Date | Action |
|---|---|
| 01/12/2011 | Prefiled and ordered printed; offered 01/12/11 11102654D |
| 01/12/2011 | Referred to Committee on Finance |
| 01/24/2011 | Impact statement from TAX (SB1193) |
| 02/02/2011 | Reported from Finance with substitute (14-Y 0-N) (see vote tally) |
| 02/02/2011 | Committee substitute printed 11104679D-S1 |
| 02/03/2011 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
| 02/04/2011 | Read second time |
| 02/04/2011 | Reading of substitute waived |
| 02/04/2011 | Committee substitute agreed to 11104679D-S1 |
| 02/04/2011 | Engrossed by Senate - committee substitute SB1193S1 |
| 02/07/2011 | Read third time and passed Senate (39-Y 0-N) (see vote tally) |
| 02/07/2011 | Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally) |
| 02/07/2011 | Passed Senate (40-Y 0-N) (see vote tally) |
| 02/09/2011 | Placed on Calendar |
| 02/09/2011 | Read first time |
| 02/09/2011 | Referred to Committee on Finance |
| 02/09/2011 | Impact statement from TAX (SB1193S1) |
| 02/14/2011 | Reported from Finance (18-Y 4-N) (see vote tally) |
| 02/15/2011 | Read second time |
| 02/16/2011 | Read third time |
| 02/16/2011 | Passed House (60-Y 36-N) |
| 02/16/2011 | VOTE: PASSAGE (60-Y 36-N) (see vote tally) |
| 02/21/2011 | Enrolled |
| 02/21/2011 | Bill text as passed Senate and House (SB1193ER) |
| 02/21/2011 | Signed by Speaker |
| 02/22/2011 | Signed by President |
| 03/02/2011 | Impact statement from TAX (SB1193ER) |
| 03/26/2011 | G Approved by Governor-Chapter 646 (effective 7/1/11) |
| 03/26/2011 | G Acts of Assembly Chapter text (CHAP0646) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 9 minutes.
Comments
Sounds like a good way to not have to pay taxes or bills.
Track for Caucus