VA SB523 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2024 - 25% progression, died in committee
Action: 2024-02-14 - Left in Finance and Appropriations
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Sales tax revenues; entertainment arena. Adds entertainment arena to the definition of public facility to allow a locality to collect all sales tax revenues generated by transactions at such a facility, provided that a locality owns an interest in the facility and contributes to financing its construction. The bill also allows a municipality to issue bonds to finance a public facility on or after July 1, 2024, but prior to July 1, 2027.

Tracking Information

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Title

Sales tax revenues; entertainment arena.

Sponsors


History

DateChamberAction
2024-02-14SenateLeft in Finance and Appropriations
2024-01-09SenateReferred to Committee on Finance and Appropriations
2024-01-09SenatePrefiled and ordered printed; offered 01/10/24 24104655D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581608.3(n/a)See Bill Text

Virginia State Sources


Bill Comments

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