HB906
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 SB 163. (Less)-
Bill History
- 01/07/2020 - House: Prefiled and ordered printed; offered 01/08/20 20102949D
- 01/07/2020 - House: Referred to Committee on Finance
- 01/13/2020 - House: Impact statement from TAX (HB906)
- 01/29/2020 - House: Assigned Finance sub: Subcommittee #2
- 02/03/2020 - House: Subcommittee recommends reporting (5-Y 4-N)
- 02/05/2020 - House: Reported from Finance (14-Y 8-N)
- 02/06/2020 - House: Read first time
- 02/07/2020 - House: Read second time and engrossed
- 02/10/2020 - House: Read third time and passed House (64-Y 32-N)
- 02/10/2020 - House: VOTE: Passage (64-Y 32-N) Close Floor Vote
- 02/11/2020 - Senate: Constitutional reading dispensed
- 02/11/2020 - Senate: Referred to Committee on Finance and Appropriations
- 02/19/2020 - Senate: Reported from Finance and Appropriations (14-Y 0-N)
- 02/20/2020 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/21/2020 - Senate: Read third time
- 02/21/2020 - Senate: Passed Senate (37-Y 1-N)
- 02/26/2020 - House: Enrolled
- 02/26/2020 - House: Bill text as passed House and Senate (HB906ER)
- 02/27/2020 - House: Impact statement from TAX (HB906ER)
- 02/27/2020 - House: Signed by Speaker
- 02/27/2020 - Senate: Signed by President
- 03/05/2020 - House: Enrolled Bill communicated to Governor on March 5, 2020
- 03/05/2020 - Governor: Governor's Action Deadline 11:59 p.m., March 12, 2020
- 03/12/2020 - Governor: Approved by Governor-Chapter 329 (effective 7/1/20)
- 03/12/2020 - Governor: Acts of Assembly Chapter text (CHAP0329)
