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2001 SESSION
SB 793 Baseball Stadium Authority; entitlement to income & sales & use taxes.
Introduced by: Mary Margaret Whipple | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Virginia Baseball Stadium Authority; entitlement to income and sales and use taxes. Extends the Authority's entitlement to certain income and sales and use taxes through January 1, 2005. The Authority would be entitled to income and sales and use tax revenues generated from (i) activities conducted on the premises or within a major league baseball stadium; and (ii) transactions made in connection with the development and construction of a major league baseball stadium. The entitlement is made conditional upon an appropriation directing these revenues to be paid over to the Authority. The entitlement to these revenues will expire on January 1, 2005, unless, before that time, the Authority executes a lease with a major league baseball team. Under current law, entitlement to such revenues would expire on January 1, 2002. The bill also contains a technical correction.
FULL TEXT
- 01/10/01 Senate: Presented & ordered printed, prefiled 12/01/00 011711564 pdf | impact statement
- 02/22/01 Senate: Bill text as passed Senate and House (SB793ER) pdf | impact statement
- 03/22/01 Governor: Acts of Assembly Chapter text (CHAP0424) pdf
HISTORY
- 01/10/01 Senate: Presented & ordered printed, prefiled 12/01/00 011711564
- 01/10/01 Senate: Referred to Committee on Finance
- 01/23/01 Senate: Reported from Finance (15-Y 0-N)
- 01/24/01 Senate: Constitutional reading dispensed (38-Y 0-N)
- 01/24/01 Senate: VOTE: CONST. RDG. DISPENSED R (38-Y 0-N)
- 01/25/01 Senate: Read second time and engrossed
- 01/26/01 Senate: Read third time
- 01/26/01 Senate: Motion to recommit to committee agreed to
- 01/26/01 Senate: Recommitted to Finance
- 02/01/01 Senate: Reported from Finance (16-Y 0-N)
- 02/02/01 Senate: Read third time and passed Senate (40-Y 0-N)
- 02/02/01 Senate: VOTE: PASSAGE R (40-Y 0-N)
- 02/02/01 Senate: Communicated to House
- 02/07/01 House: Placed on Calendar
- 02/07/01 House: Read first time
- 02/07/01 House: Referred to Committee on Finance
- 02/14/01 House: Reported from Finance (22-Y 1-N)
- 02/16/01 House: Read second time
- 02/19/01 House: Read third time
- 02/19/01 House: VOTE: PASSAGE (76-Y 22-N)
- 02/19/01 House: Passed House (76-Y 22-N)
- 02/22/01 Senate: Bill text as passed Senate and House (SB793ER)
- 02/23/01 Senate: Enrolled
- 02/26/01 Senate: Signed by President
- 02/26/01 House: Signed by Speaker
- 03/20/01 Governor: Approved by Governor-Chapter 424 (effective 7/1/01)
- 03/22/01 Governor: Acts of Assembly Chapter text (CHAP0424)