HB 2741 Hampton Roads Sports Facility Authority.
Jerrauld C. Jones | all patrons    ...    notes
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Summary:
Hampton Roads Sports Facility Authority. Makes numerous changes intended to facilitate the attraction and operation of a National Hockey League franchise. Specific amendments will (i) eliminate the prohibition on using state funds to pay the salary of the Authority's executive director; (ii) allow the lease of Authority property to any political subdivision of the Commonwealth; (iii) exempt the Authority from the Virginia Public Procurement Act; (iv) reduce certain hearing and notice requirements from 60 to 30 days; (v) require review by the State Treasurer prior to the issuance of bonds, and approval of the General Assembly if the bond issuance would constitute tax-supported debt or adversely effect the Commonwealth's debt capacity or credit rating; (vi) declare that a locality may condemn property and convey such property to the Authority for the construction of a sports facility and that such condemnation shall be for a public purpose if the facility would enhance the economic development of the locality or region; (vii) make the creation of a Hampton Roads Sports Facility Financing Fund optional rather than mandatory; (viii) entitle the authority, subject to appropriation, to personal, pass-through entity, corporate income tax revenues generated by the operation of the facility; (ix) eliminate the requirement that state tax revenues be applied to repayment of the bonds; (x) allow the locality in which the sports facility is located to remit certain local taxes generated from the facility to the Authority, including sales and use taxes, admissions taxes, food and beverage taxes and business, professional and occupational license taxes; (xi) permit such locality to charge fees, ticket surcharges or other charges for such facility and to remit all or a portion of such charges to the Authority; (xii) allow any political subdivision to convey real or personal property to the Authority, make appropriations to the Authority and enter into certain contractual or lease agreements with the Authority; and (xiii) declare the Authority to be an "agency," and its members and agents to be "employees," within the meaning of the Virginia Tort Claims Act.

Full text:
01/20/97  House: Presented & ordered printed 977342312  pdf
02/02/97  House: Committee substitute printed 978472312-H1  pdf
02/14/97  Senate: Committee substitute printed 975786312-S1  pdf
03/04/97  House: Bill text as passed House and Senate (HB2741ER)  pdf
03/21/97  Governor: Acts of Assembly Chapter text (CHAP0554)  pdf

Status:
01/20/97  House: Presented & ordered printed 977342312
01/20/97  House: Referred to Committee on Finance
01/21/97  House: Assigned to Finance sub-committee: 2
01/31/97  House: Reported from Finance with sub. (17-Y 5-N)
02/01/97  House: Read first time
02/02/97  House: Passed by for the day
02/02/97  House: Committee substitute printed 978472312-H1
02/03/97  House: Read second time
02/03/97  House: Committee substitute agreed to 978472312-H1
02/03/97  House: Engrossed by House - com. sub. (60-Y 33-N) 978472312-H1
02/03/97  House: VOTE: ENGROSSMENT (60-Y 33-N)
02/04/97  House: Read third time and passed House (54-Y 39-N)
02/04/97  House: VOTE: PASSAGE (54-Y 39-N)
02/04/97  House: Communicated to Senate
02/05/97  Senate: Constitutional reading dispensed (39-Y 0-N)
02/05/97  Senate: Referred to Committee on Local Government
02/11/97  Senate: Reported from Local Government w/sub. (14-Y 0-N 1-A)
02/11/97  Senate: Rereferred to Finance
02/13/97  Senate: Reported from Finance with substitute (16-Y 1-N)
02/14/97  Senate: Committee substitute printed 975786312-S1
02/14/97  Senate: Const. reading disp., passed by for the day (39-Y 0-N)
02/14/97  Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
02/17/97  Senate: Passed by for the day
02/18/97  Senate: Passed by for the day
02/19/97  Senate: Read third time
02/19/97  Senate: Reading of substitute waived
02/19/97  Senate: Committee substitute agreed to 975786312-S1
02/19/97  Senate: Engrossed by Senate - comm. sub. 975786312-S1
02/19/97  Senate: Passed Senate with substitute (33-Y 6-N)
02/19/97  Senate: VOTE: PASSAGE (33-Y 6-N)
02/19/97  Senate: Rec. of passage agreed to by Senate (40-Y 0-N)
02/19/97  Senate: VOTE: RECONSIDER (40-Y 0-N)
02/19/97  Senate: Passed Senate with substitute (33-Y 7-N)
02/19/97  Senate: VOTE: PASSAGE (33-Y 7-N)
02/20/97  House: Placed on Calendar
02/20/97  House: Pending question, not ordered
02/20/97  House: Pending question ordered
02/20/97  House: Senate substitute agreed to by House (59-Y 37-N)
02/20/97  House: VOTE: ADOPTION (59-Y 37-N)
03/04/97  House: Bill text as passed House and Senate (HB2741ER)
03/07/97  House: Enrolled
03/07/97  House: Signed by Speaker
03/09/97  Senate: Signed by President
03/19/97  Governor: Approved by Governor-Chapter 554 (effective 7/1/97)
03/21/97  Governor: Acts of Assembly Chapter text (CHAP0554)