SB 523 Virginia Senate · 2024 Regular Session

Sales tax revenues; entertainment arena.

Summary
Sales tax revenues; entertainment arena.Adds entertainment arena to the definition of public facility toallow a locality to collect all sales tax revenues generated by transactions at such a facility, provided that a locality owns an interest inthe facility and contributes to financing its construction. The billalso allows a municipality to issue bonds to finance a public facilityon or after July 1, 2024, but prior to July 1, 2027.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Feb 14, 2024
Floor votes

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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Jan 9, 2024
Committee
Referred to Committee on Finance and Appropriations
upper
1 primary · 2 co-sponsors

Sponsors