VA HB2368 | 2019 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Engrossed on February 4 2019 - 50% progression, died in committee
Action: 2019-02-18 - Left in Finance
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

City of Virginia Beach; sports or entertainment project. Grants the City of Virginia Beach certain powers relating to construction of a sports or entertainment project and any related facilities. Among those powers is the authority to (i) issue bonds to construct a sports or entertainment project, (ii) receive state sales and use tax revenue that is attributable to such project, and (iii) use such revenue to repay such bonds. The bill provides that the City of Virginia Beach's entitlement to state sales and use tax revenue shall expire on July 1, 2039. The powers granted by the bill to the City of Virginia Beach are similar to those granted to the Hampton Roads Sports Facility Authority.

Tracking Information

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Title

Sports or entertainment project; City of Va. Beach granted certain powers relating to construction.

Sponsors


Roll Calls

2019-02-12 - Senate - Senate: Rereferred from Local Government (10-Y 0-N) (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]
2019-02-05 - House - House: VOTE: PASSAGE (72-Y 26-N) (Y: 72 N: 26 NV: 1 Abs: 0) [PASS]
2019-01-30 - House - House: Reported from Finance with amendment (14-Y 6-N) (Y: 14 N: 6 NV: 2 Abs: 0) [PASS]
2019-01-23 - House - House: Subcommittee recommends reporting with amendment (8-Y 0-N) (Y: 8 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2019-02-18SenateLeft in Finance
2019-02-12SenateRereferred to Finance
2019-02-12SenateRereferred from Local Government (10-Y 0-N)
2019-02-06SenateReferred to Committee on Local Government
2019-02-06SenateConstitutional reading dispensed
2019-02-05HouseVOTE: PASSAGE (72-Y 26-N)
2019-02-05HouseRead third time and passed House (72-Y 26-N)
2019-02-04HousePrinted as engrossed 19104205D-E
2019-02-04HouseEngrossed by House as amended HB2368E
2019-02-04HouseCommittee amendment agreed to
2019-02-04HouseRead second time
2019-02-01HouseRead first time
2019-01-30HouseReported from Finance with amendment (14-Y 6-N)
2019-01-23HouseSubcommittee recommends reporting with amendment (8-Y 0-N)
2019-01-18HouseAssigned Finance sub: Subcommittee #2
2019-01-08HouseReferred to Committee on Finance
2019-01-08HousePrefiled and ordered printed; offered 01/09/19 19104205D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1525928(n/a)See Bill Text
1525934(n/a)See Bill Text

Virginia State Sources


Bill Comments

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