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]

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.

Tracking Information

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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]

History

DateChamberAction
2014-04-06 Governor: Acts of Assembly Chapter text (CHAP0742)
2014-04-06 Governor: Approved by Governor-Chapter 742 (effective 7/1/14)
2014-03-06SenateSigned by President
2014-03-03HouseSigned by Speaker
2014-03-03SenateBill text as passed Senate and House (SB571ER)
2014-03-03SenateEnrolled
2014-02-27SenateTitle replaced 14105212D-H1
2014-02-27SenateHouse substitute agreed to by Senate (40-Y 0-N)
2014-02-25HouseVOTE: PASSAGE #2 (84-Y 12-N 1-A)
2014-02-25HousePassed House with substitute (84-Y 12-N 1-A)
2014-02-25HouseReconsideration of House passage agreed to by House
2014-02-25HouseVOTE: PASSAGE (86-Y 10-N 1-A)
2014-02-25HousePassed House with substitute (86-Y 10-N 1-A)
2014-02-25HouseEngrossed by House - committee substitute SB571H1
2014-02-25HouseCommittee substitute agreed to 14105212D-H1
2014-02-25HouseRead third time
2014-02-24HouseRead second time
2014-02-21HouseCommittee substitute printed 14105212D-H1
2014-02-21HouseReported from Counties, Cities and Towns with substitute (21-Y 1-N)
2014-02-11HouseAssigned CC & T sub: Subcommittee #2
2014-02-07HouseReferred to Committee on Counties, Cities and Towns
2014-02-07HouseRead first time
2014-02-07HousePlaced on Calendar
2014-02-03SenateRead third time and passed Senate (40-Y 0-N)
2014-01-31SenateEngrossed by Senate - committee substitute SB571S2
2014-01-31SenateCommittee substitute agreed to 14104446D-S2
2014-01-31SenateReading of substitute waived
2014-01-31SenateCommittee substitute rejected 14104277D-S1
2014-01-31SenateReading of substitute waived
2014-01-31SenateRead second time
2014-01-30SenateConstitutional reading dispensed (40-Y 0-N)
2014-01-29SenateCommittee substitute printed 14104446D-S2
2014-01-29SenateReported from Finance with substitute (15-Y 0-N)
2014-01-21SenateRereferred to Finance
2014-01-21SenateCommittee substitute printed 14104277D-S1
2014-01-21SenateReported from Local Government with substitute (14-Y 0-N)
2014-01-09SenateReferred to Committee on Local Government
2014-01-09SenatePresented and ordered printed 14103604D

Same As/Similar To

HB1267 (Same As) 2014-04-06 - Governor: Acts of Assembly Chapter text (CHAP0738)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
1525925(n/a)See Bill Text
1525926(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?141+sum+SB571
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+SB571+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+SB571S1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+SB571S2+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+SB571H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+SB571ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+CHAP0742+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+S07V0026+SB0571
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+S05V0072+SB0571
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+SV0218SB0571+SB0571
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+SV0239SB0571+SB0571
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+H07V0094+SB0571
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+HV1030+SB0571
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+HV1033+SB0571
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+SV0634SB0571+SB0571

Bill Comments

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