Tourism zones; tax revenues for tourism projects. (HB1756)
Introduced By
Del. Matthew James (D-Portsmouth) with support from co-patrons Del. Delores McQuinn (D-Richmond), Del. Luke Torian (D-Woodbridge), and Sen. Monty Mason (D-Williamsburg)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Tourism zones; tax revenues for tourism projects. Decreases from 80 percent to 70 percent the share of the total cost of a tourism project that the project must have in place before being eligible to receive a percentage of the state and local sales tax revenues generated on the premises of the project, to be used towards debt service to bridge the gap between available debt and equity and the expected costs of the project. Amends § 58.1-3851.1, of the Code of Virginia. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/12/2015 | Committee |
| 01/12/2015 | Prefiled and ordered printed; offered 01/14/15 15101494D |
| 01/12/2015 | Referred to Committee on Finance |
| 01/20/2015 | Impact statement from TAX (HB1756) |
| 01/20/2015 | Assigned Finance sub: Subcommittee #1 |
| 01/28/2015 | Subcommittee recommends reporting (9-Y 0-N) |
| 02/04/2015 | Reported from Finance (20-Y 0-N) (see vote tally) |
| 02/06/2015 | Read first time |
| 02/09/2015 | Read second time and engrossed |
| 02/10/2015 | Read third time and passed House BLOCK VOTE (100-Y 0-N) |
| 02/10/2015 | VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally) |
| 02/11/2015 | Constitutional reading dispensed |
| 02/11/2015 | Referred to Committee on Finance |
| 02/13/2015 | Impact statement from TAX (HB1756) |
| 02/17/2015 | Reported from Finance (13-Y 0-N) (see vote tally) |
| 02/18/2015 | Constitutional reading dispensed (38-Y 0-N) (see vote tally) |
| 02/19/2015 | Read third time |
| 02/19/2015 | Passed by for the day |
| 02/20/2015 | Read third time |
| 02/20/2015 | Passed Senate (37-Y 0-N) (see vote tally) |
| 02/25/2015 | Enrolled |
| 02/25/2015 | Bill text as passed House and Senate (HB1756ER) |
| 02/25/2015 | Signed by Speaker |
| 02/26/2015 | G Governor's Action Deadline Midnight, Monday, March 30, 2015 |
| 02/26/2015 | Signed by President |
| 02/26/2015 | Enrolled Bill communicated to Governor on 2/26/15 |
| 02/26/2015 | G Governor's Action Deadline Midnight, Sunday, March 29, 2015 |
| 03/05/2015 | Impact statement from TAX (HB1756ER) |
| 03/16/2015 | G Approved by Governor-Chapter 203 (effective 7/1/15) |
| 03/16/2015 | G Acts of Assembly Chapter text (CHAP0203) |