HB1831: Recreational Facilities Authority; delays reversion of title to real property to State.

HOUSE BILL NO. 1831
Offered January 14, 2009
Prefiled January 12, 2009
A BILL to amend and reenact Chapter 655 of the Acts of Assembly of 2008, relating to delaying the reversion of property owned by the Virginia Recreational Facilities Authority
Patron-- Fralin

Committee Referral Pending

Be it enacted by the General Assembly of Virginia:

1. That Chapter 655 of the Acts of Assembly of 2008 is amended and reenacted as follows:

1. That the provisions of 10.1-1618 of the Code of Virginia requiring a reversion of title to real property from the Virginia Recreational Facilities Authority to the Commonwealth, in the event that the Authority ceases to operate a project, shall not be enforceable until July 1, 2009 2010.