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2020 SESSION

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SB 254 Retail Sales and Use Tax; allocation in certain counties & cities of historic significance.

Introduced by: Thomas K. Norment, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Allocation of additional sales and use tax in certain counties and cities of historic significance for the planning and construction of a shared sports facility. Requires that the City of Williamsburg and the Counties of James City and York each allocate 10 percent of the revenues received from the Historic Triangle sales and use tax for the planning and construction of a shared sports facility. If the three localities do not approve the development of a shared sports facility by July 1, 2021, Chapter 850 of the Acts of Assembly of 2018 that created and authorized the additional sales and use tax will expire.


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