SB163
Entitlement to sales tax revenues from certain public facilities; authorized localities.
Summary
As Introduced. Entitlement to sales tax revenues from certain public facilities; authorized localities and facilities; sunset.
Adds the City of Chesapeake to the list of localities that are authorized to issue bonds for the construction of public facilities and retain sales and use tax revenue generated within such facilities to pay off such bonds. The bill adds outdoor amphitheater to the list of authorized public facilities, ... (More) provided that a locality owns, wholly or partly, and contributes to the construction of such amphitheater, and extends until July 1, 2024, the period of time during which authorized localities may issue bonds for the construction of public facilities and retain sales and use tax revenue generated within such facilities to pay off such bonds. Under current law, such authority expires on July 1, 2020. This bill is identical to HB 906. (Less)-
Bill History
- 12/19/2019 - Senate: Prefiled and ordered printed; offered 01/08/20 20101898D
- 12/19/2019 - Senate: Referred to Committee on Finance and Appropriations
- 01/08/2020 - Senate: Moved from Finance to Finance and Appropriations due to a change of the committee name
- 01/12/2020 - Senate: Impact statement from TAX (SB163)
- 01/15/2020 - Senate: Reported from Finance and Appropriations (16-Y 0-N)
- 01/16/2020 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 01/17/2020 - Senate: Read second time and engrossed
- 01/20/2020 - Senate: Read third time and passed Senate (40-Y 0-N)
- 02/12/2020 - House: Placed on Calendar
- 02/12/2020 - House: Read first time
- 02/12/2020 - House: Referred to Committee on Finance
- 02/12/2020 - House: Reported from Finance (14-Y 8-N)
- 02/14/2020 - House: Read second time
- 02/17/2020 - House: Read third time
- 02/17/2020 - House: Passed House (68-Y 32-N)
- 02/17/2020 - House: VOTE: Passage (68-Y 32-N)
- 02/19/2020 - Senate: Enrolled
- 02/19/2020 - Senate: Bill text as passed Senate and House (SB163ER)
- 02/19/2020 - House: Signed by Speaker
- 02/20/2020 - Senate: Signed by President
- 02/21/2020 - Senate: Impact statement from TAX (SB163ER)
- 02/24/2020 - Senate: Enrolled Bill Communicated to Governor on February 24, 2020
- 02/24/2020 - Governor: Governor's Action Deadline 11:59 p.m., March 2, 2020
- 03/02/2020 - Governor: Approved by Governor-Chapter 62 (effective 7/1/20)
- 03/02/2020 - Governor: Acts of Assembly Chapter text (CHAP0062)
