Tourism Financing Development Authority; created. (HB931)

Introduced By

Del. Dave Nutter (R-Christiansburg)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Tourism Financing Development Authority. Allows localities to create a Tourism Financing Development Authority. The authority shall have the power to issue bonds and establish a revolving loan fund or loan guarantee program to help carry out its powers and promote establishment of tourism infrastructure. Certain transient occupancy taxes may also be used for purposes of the authority. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2006Prefiled and ordered printed; offered 01/11/06 060905436
01/10/2006Referred to Committee on Counties, Cities and Towns
02/10/2006Reported from Counties, Cities and Towns with substitute (22-Y 0-N) (see vote tally)
02/10/2006Committee substitute printed 065511436-H1
02/11/2006Read first time
02/13/2006Read second time
02/13/2006Committee substitute agreed to 065511436-H1
02/13/2006Engrossed by House - committee substitute HB931H1
02/14/2006Read third time and passed House BLOCK VOTE (100-Y 0-N)
02/14/2006VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
02/14/2006Communicated to Senate
02/15/2006Constitutional reading dispensed
02/15/2006Referred to Committee on Commerce and Labor
02/27/2006Reported from Commerce and Labor (15-Y 0-N) (see vote tally)
02/27/2006Rereferred to Finance
03/01/2006Continued to 2007 in Finance (15-Y 0-N) (see vote tally)