Entitlement to sales tax revenues from certain public facilities; authorized localities. (SB163)

Introduced By

Sen. Lionell Spruill (D-Chesapeake) with support from co-patron Sen. John Cosgrove (R-Chesapeake)

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 HB 906. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
12/19/2019Referred to Committee on Finance
12/19/2019Prefiled and ordered printed; offered 01/08/20 20101898D
12/19/2019Referred to Committee on Finance and Appropriations
01/08/2020Moved from Finance to Finance and Appropriations due to a change of the committee name
01/12/2020Impact statement from TAX (SB163)
01/15/2020Reported from Finance and Appropriations with substitute (16-Y 0-N)
01/15/2020Reported from Finance and Appropriations (16-Y 0-N) (see vote tally)
01/16/2020Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/17/2020Read second time and engrossed
01/20/2020Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/12/2020Placed on Calendar
02/12/2020Read first time
02/12/2020Referred to Committee on Finance
02/12/2020Reported from Finance (14-Y 8-N) (see vote tally)
02/14/2020Read second time
02/17/2020Read third time
02/17/2020Passed House (68-Y 32-N)
02/17/2020VOTE: Passage (68-Y 32-N) (see vote tally)
02/19/2020Enrolled
02/19/2020Bill text as passed Senate and House (SB163ER)
02/19/2020Signed by Speaker
02/20/2020Signed by President
02/21/2020Impact statement from TAX (SB163ER)
02/24/2020Enrolled Bill Communicated to Governor on February 24, 2020
02/24/2020G Governor's Action Deadline 11:59 p.m., March 2, 2020
03/02/2020G Approved by Governor-Chapter 62 (effective 7/1/20)
03/02/2020G Acts of Assembly Chapter text (CHAP0062)

Duplicate Bills

The following bills are identical to this one: HB906.

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