VA HB1436 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 5-0)
Status: Engrossed on February 12 2024 - 50% progression
Action: 2024-03-09 - Left in Finance and Appropriations
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

Sales tax revenues; entertainment arena. Adds entertainment arena to the definition of public facility to allow a locality to collect all sales tax revenues generated by transactions at such a facility, provided that a locality owns an interest in the facility and contributes to financing its construction. The bill also allows a municipality to issue bonds to finance a public facility on or after July 1, 2024, but prior to July 1, 2027, and adds Henrico County to the list of eligible localities. Sales tax revenues; entertainment arena. Adds entertainment arena to the definition of public facility to allow a locality to collect all sales tax revenues generated by transactions at such a facility, provided that a locality owns an interest in the facility and contributes to financing its construction. The bill also allows a municipality to issue bonds to finance a public facility on or after July 1, 2024, but prior to July 1, 2027, and adds Henrico County to the list of eligible localities.

Tracking Information

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Title

Sales tax revenues; entertainment arena.

Sponsors


Roll Calls

2024-02-13 - House - House: VOTE: Passage (66-Y 33-N) (Y: 66 N: 33 NV: 0 Abs: 1) [PASS]
2024-02-07 - House - House: Reported from Finance with amendment(s) (13-Y 8-N) (Y: 13 N: 8 NV: 0 Abs: 1) [PASS]
2024-02-06 - House - House: Subcommittee recommends reporting with amendments (5-Y 3-N) (Y: 5 N: 3 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2024-03-09SenateLeft in Finance and Appropriations
2024-02-14SenateReferred to Committee on Finance and Appropriations
2024-02-14SenateConstitutional reading dispensed
2024-02-13HouseVOTE: Passage (66-Y 33-N)
2024-02-13HouseRead third time and passed House (66-Y 33-N)
2024-02-12HousePrinted as engrossed 24103378D-E
2024-02-12HouseEngrossed by House as amended HB1436E
2024-02-12HouseCommittee amendments agreed to
2024-02-12HouseRead second time
2024-02-09HouseRead first time
2024-02-07HouseReported from Finance with amendment(s) (13-Y 8-N)
2024-02-06HouseSubcommittee recommends reporting with amendments (5-Y 3-N)
2024-02-02HouseAssigned Finance sub: Subcommittee #2
2024-01-18HouseReferred to Committee on Finance
2024-01-18HousePresented and ordered printed 24103378D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581608.3(n/a)See Bill Text

Virginia State Sources


Bill Comments

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