Entitlement to sales tax revenues from certain public facilities; authorized localities. (HB906)

Introduced By

Del. Cliff Hayes (D-Chesapeake) with support from co-patron Del. Sam Rasoul (D-Roanoke)

Progress

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

Description

Entitlement to sales tax revenues from certain public facilities; authorized localities and facilities; sunset. Adds the City of Chesapeake to the list of localities that are authorized to issue bonds for the construction of public facilities and retain sales and use tax revenue generated within such facilities to pay off such bonds. The bill adds outdoor amphitheater to the list of authorized public facilities, provided that a locality owns, wholly or partly, and contributes to the construction of such amphitheater, and extends until July 1, 2024, the period of time during which authorized localities may issue bonds for the construction of public facilities and retain sales and use tax revenue generated within such facilities to pay off such bonds. Under current law, such authority expires on July 1, 2020. This bill is identical to SB 163. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/07/2020Committee
01/07/2020Prefiled and ordered printed; offered 01/08/20 20102949D
01/07/2020Referred to Committee on Finance
01/13/2020Impact statement from TAX (HB906)
01/29/2020Assigned Finance sub: Subcommittee #2
02/03/2020Subcommittee recommends reporting (5-Y 4-N)
02/05/2020Reported from Finance (14-Y 8-N) (see vote tally)
02/06/2020Read first time
02/07/2020Read second time and engrossed
02/10/2020Read third time and passed House (64-Y 32-N)
02/10/2020VOTE: Passage (64-Y 32-N) (see vote tally)
02/11/2020Constitutional reading dispensed
02/11/2020Referred to Committee on Finance and Appropriations
02/19/2020Reported from Finance and Appropriations (14-Y 0-N) (see vote tally)
02/20/2020Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/21/2020Read third time
02/21/2020Passed Senate (37-Y 1-N) (see vote tally)
02/26/2020Enrolled
02/26/2020Bill text as passed House and Senate (HB906ER)
02/27/2020Impact statement from TAX (HB906ER)
02/27/2020Signed by Speaker
02/27/2020Signed by President
03/05/2020G Governor's Action Deadline 11:59 p.m., April 6, 2020
03/05/2020Enrolled Bill communicated to Governor on March 5, 2020
03/05/2020G Governor's Action Deadline 11:59 p.m., March 12, 2020
03/12/2020G Approved by Governor-Chapter 329 (effective 7/1/20)
03/12/2020G Acts of Assembly Chapter text (CHAP0329)

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 2 minutes.

Duplicate Bills

The following bills are identical to this one: SB163.

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