SEARCH SITE
VIRGINIA LAW PORTAL
- Code of Virginia
- Virginia Administrative Code
- Constitution of Virginia
- Charters
- Authorities
- Compacts
- Uncodified Acts
- RIS Users (account required)
SEARCHABLE DATABASES
- Bills & Resolutions
session legislation - Bill Summaries
session summaries - Reports to the General Assembly
House and Senate documents - Legislative Liaisons
State agency contacts
ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
2014 SESSION
SB 571 Va.Beach arena; if Va. Beach issues bonds for a facility, it shall create an Arena Financing Fund.
Introduced by: Frank W. Wagner | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Virginia Beach arena. Allows the City of Virginia Beach to use its Arena Financing Fund to contract for the construction, development, operation, or maintenance of facilities and prohibits the pledging of the faith and credit of the Commonwealth to meet the City's contractual obligations. The bill also provides that if the City of Virginia Beach issues bonds for an arena or enters into a contract with regard to a facility, it shall use its Arena Financing Fund to collect proceeds from the sale of bonds and revenues from other sources. Expenditures from the Fund shall be used to pay the bonds, meet contractual obligations, and pay reasonable expenses relating to City borrowing and the management of the City's obligations. The bill also makes technical amendments to the existing sunset provisions. This bill is identical to HB 1267.
FULL TEXT
- 01/09/14 Senate: Presented and ordered printed 14103604D pdf | impact statement
- 01/21/14 Senate: Committee substitute printed 14104277D-S1 pdf | impact statement
- 01/29/14 Senate: Committee substitute printed 14104446D-S2 pdf | impact statement
- 02/21/14 House: Committee substitute printed 14105212D-H1 pdf
- 03/03/14 Senate: Bill text as passed Senate and House (SB571ER) pdf | impact statement
- 04/06/14 Governor: Acts of Assembly Chapter text (CHAP0742) pdf
HISTORY
- 01/09/14 Senate: Presented and ordered printed 14103604D
- 01/09/14 Senate: Referred to Committee on Local Government
- 01/21/14 Senate: Reported from Local Government with substitute (14-Y 0-N)
- 01/21/14 Senate: Committee substitute printed 14104277D-S1
- 01/21/14 Senate: Rereferred to Finance
- 01/29/14 Senate: Reported from Finance with substitute (15-Y 0-N)
- 01/29/14 Senate: Committee substitute printed 14104446D-S2
- 01/30/14 Senate: Constitutional reading dispensed (40-Y 0-N)
- 01/31/14 Senate: Read second time
- 01/31/14 Senate: Reading of substitute waived
- 01/31/14 Senate: Committee substitute rejected 14104277D-S1
- 01/31/14 Senate: Reading of substitute waived
- 01/31/14 Senate: Committee substitute agreed to 14104446D-S2
- 01/31/14 Senate: Engrossed by Senate - committee substitute SB571S2
- 02/03/14 Senate: Read third time and passed Senate (40-Y 0-N)
- 02/07/14 House: Placed on Calendar
- 02/07/14 House: Read first time
- 02/07/14 House: Referred to Committee on Counties, Cities and Towns
- 02/11/14 House: Assigned CC & T sub: Subcommittee #2
- 02/21/14 House: Reported from Counties, Cities and Towns with substitute (21-Y 1-N)
- 02/21/14 House: Committee substitute printed 14105212D-H1
- 02/24/14 House: Read second time
- 02/25/14 House: Read third time
- 02/25/14 House: Committee substitute agreed to 14105212D-H1
- 02/25/14 House: Engrossed by House - committee substitute SB571H1
- 02/25/14 House: Passed House with substitute (86-Y 10-N 1-A)
- 02/25/14 House: VOTE: PASSAGE (86-Y 10-N 1-A)
- 02/25/14 House: Reconsideration of House passage agreed to by House
- 02/25/14 House: Passed House with substitute (84-Y 12-N 1-A)
- 02/25/14 House: VOTE: PASSAGE #2 (84-Y 12-N 1-A)
- 02/27/14 Senate: House substitute agreed to by Senate (40-Y 0-N)
- 02/27/14 Senate: Title replaced 14105212D-H1
- 03/03/14 Senate: Enrolled
- 03/03/14 Senate: Bill text as passed Senate and House (SB571ER)
- 03/03/14 House: Signed by Speaker
- 03/06/14 Senate: Signed by President
- 04/06/14 Governor: Approved by Governor-Chapter 742 (effective 7/1/14)
- 04/06/14 Governor: Acts of Assembly Chapter text (CHAP0742)