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2020 SESSION

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HB 131 Professional Football Team Franchise Facility Incentives; Interstate Compact on Washington Area.

Introduced by: Michael J. Webert | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Interstate Compact on Washington Area Professional Football Team Franchise Facility Incentives. Establishes an interstate compact among the Commonwealth of Virginia, the State of Maryland, and the District of Columbia (the party states) that prohibits the party states from providing incentives for a Washington area professional football team franchise facility, including tax incentives, state or local appropriations, and loans. The bill provides that the compact will not become effective unless the party states enact concurring legislation prior to January 1, 2022.


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