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2010 SESSION

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10100642D
SENATE BILL NO. 502 Offered January 13, 2010 Prefiled January 13, 2010 A BILL to amend and reenact § 1 of Chapter 655 of the Acts of Assembly of 2008, as amended by Chapter 739 of the Acts of Assembly of 2009, relating to delaying the reversion of property owned by the Virginia Recreational Facilities Authority. ---------- Patron-- Smith ---------- Referred to Committee for Courts of Justice ----------

Be it enacted by the General Assembly of Virginia:

1. That § 1 of Chapter 655 of the Acts of Assembly of 2008, as amended by Chapter 739 of the Acts of Assembly of 2009, is amended and reenacted as follows:

§ 1. That the provisions in § 10.1-1618 of the Code of Virginia requiring a reversion of title to real property from the Virginia Recreational Facilities Authority to the Commonwealth, in the event that the Authority ceases to operate a project, shall not be enforceable until July 1, 2010 2011.