Tourism zones, local; increases number of years which tax incentives may be provided therein. (SB591)

Introduced By

Sen. Tommy Norment (R-Williamsburg)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Local tourism zones. Increases from 10 to 20 the number of years in which tax incentives may be provided in a local tourism zone. Under current law, the tax incentives may include the reduction of (i) permit fees, (ii) user fees, and (iii) any type of gross receipts tax. The bill would not change the number of years for which any regulatory flexibility that is provided is binding upon the locality, which is currently fixed at 10 years. Read the Bill »


Bill Has Passed


01/09/2008Prefiled and ordered printed; offered 01/09/08 088773284
01/09/2008Referred to Committee on Finance
01/19/2008Impact statement from TAX (SB591)
01/22/2008Reported from Finance (16-Y 0-N) (see vote tally)
01/23/2008Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/24/2008Read second time and engrossed
01/25/2008Read third time and passed Senate (39-Y 0-N) (see vote tally)
01/25/2008Communicated to House
02/11/2008Impact statement from TAX (SB591)
02/12/2008Placed on Calendar
02/12/2008Read first time
02/12/2008Referred to Committee on Finance
02/13/2008Assigned Finance sub: 1
02/25/2008Reported from Finance (20-Y 0-N)
02/26/2008Read second time
02/27/2008Read third time
02/27/2008Passed House BLOCK VOTE (97-Y 0-N)
02/27/2008VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
02/28/2008Bill text as passed Senate and House (SB591ER)
02/28/2008Signed by Speaker
03/02/2008Signed by President
03/03/2008Impact statement from TAX (SB591ER)
03/07/2008G Approved by Governor-Chapter 462 (effective 7/1/08)
03/14/2008G Acts of Assembly Chapter text (CHAP0462)