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 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. Read the Bill »
Status
02/11/2020: In Committee
History
| Date | Action |
|---|---|
| 01/07/2020 | Committee |
| 01/07/2020 | Prefiled and ordered printed; offered 01/08/20 20102949D |
| 01/07/2020 | Referred to Committee on Finance |
| 01/13/2020 | Impact statement from TAX (HB906) |
| 01/29/2020 | Assigned Finance sub: Subcommittee #2 |
| 02/03/2020 | Subcommittee recommends reporting (5-Y 4-N) |
| 02/05/2020 | Reported from Finance (14-Y 8-N) (see vote tally) |
| 02/06/2020 | Read first time |
| 02/07/2020 | Read second time and engrossed |
| 02/10/2020 | Read third time and passed House (64-Y 32-N) |
| 02/10/2020 | VOTE: Passage (64-Y 32-N) (see vote tally) |
| 02/11/2020 | Constitutional reading dispensed |
| 02/11/2020 | Referred to Committee on Finance and Appropriations |
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.
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