VA SB571 | 2014 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 6 2014 - 100% progression
Action: 2014-04-06 - Governor: Acts of Assembly Chapter text (CHAP0742)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 6 2014 - 100% progression
Action: 2014-04-06 - Governor: Acts of Assembly Chapter text (CHAP0742)
Text: Latest bill text (Chaptered) [HTML]
Summary
Virginia Beach arena. Allows the City of Virginia Beach to use its Arena Financing Fund to contract for the construction, development, operation, or maintenance of facilities and prohibits the pledging of the faith and credit of the Commonwealth to meet the City's contractual obligations. The bill also provides that if the City of Virginia Beach issues bonds for an arena or enters into a contract with regard to a facility, it shall use its Arena Financing Fund to collect proceeds from the sale of bonds and revenues from other sources. Expenditures from the Fund shall be used to pay the bonds, meet contractual obligations, and pay reasonable expenses relating to City borrowing and the management of the City's obligations. The bill also makes technical amendments to the existing sunset provisions.
Title
Va.Beach arena; if Va. Beach issues bonds for a facility, it shall create an Arena Financing Fund.
Sponsors
Roll Calls
2014-02-27 - Senate - Senate: House substitute agreed to by Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-25 - House - House: VOTE: PASSAGE #2 (84-Y 12-N 1-A) (Y: 84 N: 14 NV: 2 Abs: 1) [PASS]
2014-02-25 - House - House: VOTE: PASSAGE (86-Y 10-N 1-A) (Y: 87 N: 11 NV: 2 Abs: 1) [PASS]
2014-02-21 - House - House: Reported from Counties, Cities and Towns with substitute (21-Y 1-N) (Y: 21 N: 1 NV: 0 Abs: 0) [PASS]
2014-02-03 - Senate - Senate: Read third time and passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2014-01-30 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2014-01-29 - Senate - Senate: Reported from Finance with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2014-01-21 - Senate - Senate: Reported from Local Government with substitute (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-25 - House - House: VOTE: PASSAGE #2 (84-Y 12-N 1-A) (Y: 84 N: 14 NV: 2 Abs: 1) [PASS]
2014-02-25 - House - House: VOTE: PASSAGE (86-Y 10-N 1-A) (Y: 87 N: 11 NV: 2 Abs: 1) [PASS]
2014-02-21 - House - House: Reported from Counties, Cities and Towns with substitute (21-Y 1-N) (Y: 21 N: 1 NV: 0 Abs: 0) [PASS]
2014-02-03 - Senate - Senate: Read third time and passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2014-01-30 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2014-01-29 - Senate - Senate: Reported from Finance with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2014-01-21 - Senate - Senate: Reported from Local Government with substitute (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2014-04-06 | Governor: Acts of Assembly Chapter text (CHAP0742) | |
2014-04-06 | Governor: Approved by Governor-Chapter 742 (effective 7/1/14) | |
2014-03-06 | Senate | Signed by President |
2014-03-03 | House | Signed by Speaker |
2014-03-03 | Senate | Bill text as passed Senate and House (SB571ER) |
2014-03-03 | Senate | Enrolled |
2014-02-27 | Senate | Title replaced 14105212D-H1 |
2014-02-27 | Senate | House substitute agreed to by Senate (40-Y 0-N) |
2014-02-25 | House | VOTE: PASSAGE #2 (84-Y 12-N 1-A) |
2014-02-25 | House | Passed House with substitute (84-Y 12-N 1-A) |
2014-02-25 | House | Reconsideration of House passage agreed to by House |
2014-02-25 | House | VOTE: PASSAGE (86-Y 10-N 1-A) |
2014-02-25 | House | Passed House with substitute (86-Y 10-N 1-A) |
2014-02-25 | House | Engrossed by House - committee substitute SB571H1 |
2014-02-25 | House | Committee substitute agreed to 14105212D-H1 |
2014-02-25 | House | Read third time |
2014-02-24 | House | Read second time |
2014-02-21 | House | Committee substitute printed 14105212D-H1 |
2014-02-21 | House | Reported from Counties, Cities and Towns with substitute (21-Y 1-N) |
2014-02-11 | House | Assigned CC & T sub: Subcommittee #2 |
2014-02-07 | House | Referred to Committee on Counties, Cities and Towns |
2014-02-07 | House | Read first time |
2014-02-07 | House | Placed on Calendar |
2014-02-03 | Senate | Read third time and passed Senate (40-Y 0-N) |
2014-01-31 | Senate | Engrossed by Senate - committee substitute SB571S2 |
2014-01-31 | Senate | Committee substitute agreed to 14104446D-S2 |
2014-01-31 | Senate | Reading of substitute waived |
2014-01-31 | Senate | Committee substitute rejected 14104277D-S1 |
2014-01-31 | Senate | Reading of substitute waived |
2014-01-31 | Senate | Read second time |
2014-01-30 | Senate | Constitutional reading dispensed (40-Y 0-N) |
2014-01-29 | Senate | Committee substitute printed 14104446D-S2 |
2014-01-29 | Senate | Reported from Finance with substitute (15-Y 0-N) |
2014-01-21 | Senate | Rereferred to Finance |
2014-01-21 | Senate | Committee substitute printed 14104277D-S1 |
2014-01-21 | Senate | Reported from Local Government with substitute (14-Y 0-N) |
2014-01-09 | Senate | Referred to Committee on Local Government |
2014-01-09 | Senate | Presented and ordered printed 14103604D |
Same As/Similar To
HB1267 (Same As) 2014-04-06 - Governor: Acts of Assembly Chapter text (CHAP0738)
Subjects
Bond Issues
Counties, Cities, and Towns
Sales and Use Tax
Study Commissions, Committees, and Reports
Virginia Beach, City of
Counties, Cities, and Towns
Sales and Use Tax
Study Commissions, Committees, and Reports
Virginia Beach, City of