VA SB727 | 2022 | Regular Session

Note: Carry Foward to future SB727

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on February 15 2022 - 50% progression, died in chamber
Action: 2022-03-12 - Continued to 2022 Sp. Sess. 1 pursuant to HJR455
Text: Latest bill text (Comm Sub) [HTML]

Summary

Virginia Football Stadium Authority. Establishes the Virginia Football Stadium Authority as a political subdivision charged with financing the construction of a football stadium and related facilities. The Authority is authorized to hire independent contractors, enter contracts, acquire property, borrow money, and exercise other similar powers. The Authority is exempt from the Personnel Act and the Public Procurement Act. The Authority may issue bonds with a maximum maturity date of 40 years. Virginia Football Stadium Authority. Establishes the Virginia Football Stadium Authority as a political subdivision charged with financing the construction of a football stadium and related facilities. The Authority is authorized to hire independent contractors, enter contracts, acquire property, borrow money, and exercise other similar powers. The Authority is exempt from the Personnel Act and the Public Procurement Act. The Authority may issue bonds with a maximum maturity date of 40 years. The bill entitles the Authority to sales tax revenues from transactions at the stadium but would exclude certain revenues that current law dedicates to transportation and education. The bill also entitles the Authority to corporate income tax revenues from football teams that use the stadium and personal income tax revenues from income generated by employment or the conduct of business at the stadium. The Authority receives all corporate income tax revenues but only 4.25 percent of personal income tax revenues. Remaining personal income tax revenues accrue to the general fund. The Authority is made up of nine members appointed by the Governor and subject to confirmation by the General Assembly. Four of the nine members are appointed from a list chosen by the football team that primarily will use the stadium. The bill enables localities to exercise their eminent domain power to acquire property and convey it to the Authority. It also authorizes localities to appropriate tax revenues to the Authority.

Tracking Information

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Title

Virginia Football Stadium Authority; established, definitions, report.

Sponsors


Roll Calls

2022-03-02 - Senate - Senate: Senate acceded to request (30-Y 10-N) (Y: 30 N: 10 NV: 0 Abs: 0) [PASS]
2022-03-02 - Senate - Senate: House substitute rejected by Senate (0-Y 40-N) (Y: 0 N: 40 NV: 0 Abs: 0) [FAIL]
2022-03-02 - House - House: VOTE: Passage (54-Y 46-N) (Y: 54 N: 46 NV: 0 Abs: 0) [PASS]
2022-02-25 - House - House: Reported from Appropriations with substitute (16-Y 6-N) (Y: 16 N: 6 NV: 0 Abs: 0) [PASS]
2022-02-15 - Senate - Senate: Passed Senate (32-Y 8-N) (Y: 32 N: 8 NV: 0 Abs: 0) [PASS]
2022-02-15 - Senate - Senate: Reconsideration of passage agreed to by Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-15 - Senate - Senate: Passed Senate (33-Y 7-N) (Y: 33 N: 7 NV: 0 Abs: 0) [PASS]
2022-02-15 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-11 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-10 - Senate - Senate: Reported from Finance and Appropriations with substitute (14-Y 2-N) (Y: 14 N: 2 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2022-03-12SenateContinued to 2022 Sp. Sess. 1 pursuant to HJR455
2022-03-02HouseDelegates: Knight, Marshall, Hayes
2022-03-02HouseConferees appointed by House
2022-03-02SenateSenators: Saslaw, Newman, Ebbin
2022-03-02SenateConferees appointed by Senate
2022-03-02SenateSenate acceded to request (30-Y 10-N)
2022-03-02HouseHouse requested conference committee
2022-03-02HouseHouse insisted on substitute
2022-03-02SenateHouse substitute rejected by Senate (0-Y 40-N)
2022-03-02HouseVOTE: Passage (54-Y 46-N)
2022-03-02HousePassed House with substitute (54-Y 46-N)
2022-03-02HouseEngrossed by House - committee substitute SB727H1
2022-03-02HouseCommittee substitute agreed to 22106884D-H1
2022-03-02HouseRead third time
2022-03-01HousePassed by for the day
2022-02-28HouseRead second time
2022-02-25HouseCommittee substitute printed 22106884D-H1
2022-02-25HouseReported from Appropriations with substitute (16-Y 6-N)
2022-02-18HouseReferred to Committee on Appropriations
2022-02-18HouseRead first time
2022-02-18HousePlaced on Calendar
2022-02-15SenatePassed Senate (32-Y 8-N)
2022-02-15SenateReconsideration of passage agreed to by Senate (40-Y 0-N)
2022-02-15SenatePassed Senate (33-Y 7-N)
2022-02-15SenateConstitutional reading dispensed (40-Y 0-N)
2022-02-15SenatePrinted as engrossed 22106150D-ES1
2022-02-15SenateEngrossed by Senate - committee substitute with amendment SB727ES1
2022-02-15SenateAmendment by Senator Newman agreed to
2022-02-15SenateReading of amendment waived
2022-02-15SenateCommittee substitute agreed to 22106150D-S1
2022-02-15SenateReading of substitute waived
2022-02-15SenateRead second time
2022-02-14SenatePassed by for the day
2022-02-11SenateConstitutional reading dispensed (40-Y 0-N)
2022-02-10SenateCommittee substitute printed 22106150D-S1
2022-02-10SenateReported from Finance and Appropriations with substitute (14-Y 2-N)
2022-01-21SenateReferred to Committee on Finance and Appropriations
2022-01-21SenatePresented and ordered printed 22104298D

Same As/Similar To

SB727 (Carry Over) 2022-03-12 - Continued to 2022 Sp. Sess. 1 pursuant to HJR455

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
1525824(n/a)See Bill Text
1525845(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+SB727
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB727+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB727S1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB727ES1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB727H1+hil
Amendmenthttps://committees.lis.virginia.gov/pdfs/drafts/22106150D.pdf
Amendmenthttps://lis.virginia.gov/cgi-bin/legp604.exe?221+amd+SB727AS
Amendmenthttps://committees.lis.virginia.gov/pdfs/drafts/22106884D.pdf
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+SB727F122+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+SB727FES1122+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+oth+SB727FH1122+PDF
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+S05V0225+SB0727
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0359SB0727+SB0727
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0457SB0727+SB0727
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0467SB0727+SB0727
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0478SB0727+SB0727
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0479SB0727+SB0727
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+H02V0224+SB0727
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+HV1361+SB0727
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0716SB0727+SB0727
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+SV0734SB0727+SB0727

Bill Comments

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