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2014 SESSION

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HB 734 Virginia Beach arena; Virginia beach may use Arena Financing Fund to collect taxes for facility.

Introduced by: Israel D. O'Quinn | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Beach arena. Provides that the City of Virginia Beach may use its Arena Financing Fund to collect sales and use tax revenues and remit such revenues to the private facility owner as a contribution toward the cost of the facility if the City has contributed infrastructure or real property to the owner. The bill also makes technical amendments to the existing sunset provisions.

FULL TEXT

• 01/07/14  House: Prefiled and ordered printed; offered 01/08/14 14102874D  pdf | impact statement

HISTORY

• 01/07/14  House: Prefiled and ordered printed; offered 01/08/14 14102874D
• 01/07/14  House: Referred to Committee on Counties, Cities and Towns
• 01/10/14  House: Assigned CC & T sub: Subcommittee #1
• 01/29/14  House: Subcommittee recommends striking from docket by voice vote
• 01/31/14  House: Stricken from docket by Counties, Cities and Towns by voice vote