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]
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.
Title
Sales tax revenues; entertainment arena.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-02-14 | Senate | Left in Finance and Appropriations |
2024-01-09 | Senate | Referred to Committee on Finance and Appropriations |
2024-01-09 | Senate | Prefiled and ordered printed; offered 01/10/24 24104655D |