VirginiaVirginia Recreational Facilities Authority; authority to dissolve, disposition of property.
What it does
Virginia Recreational Facilities Authority; authority to dissolve. Provides that the board of directors of the Virginia Recreational Facilities Authority may by resolution divest itself of property owned by the Authority and may transfer all such property to a locality. The bill provides that whenever the board of the Authority determines by resolution that the purposes for which the Authority was formed have been substantially complied with and all property of the Authority has been transferred and all bonds therefor issued and all obligations incurred by the Authority have been fully paid or adequate provisions have been made for the payment, the board may dissolve itself upon a majority vote of the board.
More detail
The bill also provides that if the Authority ceases to operate or is dissolved, the title to its real property will transfer to the locality in which the majority of such property is located. Under current law, the property would transfer to the Commonwealth. This bill is identical to SB 796.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 19Acts of Assembly Chapter text (CHAP0169)Latest
- Mar 19Approved by Governor Glenn Youngkin-Chapter 169 (Effective 07/01/25)Became Law
- Mar 12Fiscal Impact Statement from Department of Planning and Budget (HB2321)
- Mar 11Governor's Action Deadline 11:59 p.m., March 24, 2025To Governor
- Mar 11Enrolled Bill communicated to Governor on March 11, 2025Minor
- Mar 10Signed by PresidentMajor
- Mar 7Signed by SpeakerMajor
- Mar 7Bill text as passed House and Senate (HB2321ER)Major
- Mar 7EnrolledMinor
- Feb 19Senate substitute agreed to by House (97-Y 0-N)Major
- Vote recorded Senate substitute agreed to by House (97-Y 0-N). Result: pass.Lower
- Feb 18Passed Senate with substitute (40-Y 0-N)Major
- Vote recorded Passed Senate (40-Y 0-N). Result: pass.Upper
- Feb 18Engrossed by Senate - committee substituteMajor
- Feb 18Agriculture, Conservation and Natural Resources Substitute agreed to
- Feb 18Read third timeMinor
- Feb 17Passed by for the day
- Vote recorded Constitutional reading dispensed (on 2nd reading) (39-Y 0-N). Result: pass.Upper
- Feb 17Constitutional reading dispensed (on 2nd reading) (39-Y 0-N)
- Feb 17Rules suspended
- Feb 14Reported from Finance and Appropriations (14-Y 0-N)Minor
- Vote recorded Reported from Finance and Appropriations (14-Y 0-N). Result: pass.Upper
- Feb 13Fiscal Impact Statement from Department of Planning and Budget (HB2321)
- Feb 11Committee substitute printed 25107183D-S1Major
- Vote recorded Reported from Agriculture, Conservation and Natural Resources with substitute and rereferred to Finance and Appropriations (15-Y 0-N). Result: pass.Upper
- Feb 11Reported from Agriculture, Conservation and Natural Resources with substitute and rereferred to Finance and Appropriations (15-Y 0-N)Minor
- Feb 5Referred to Committee on Agriculture, Conservation and Natural ResourcesMinor
- Feb 5Constitutional reading dispensed (on 1st reading)
- Feb 4Passed House (99-Y 0-N)Passed Senate
- Vote recorded Passed House (99-Y 0-N). Result: pass.Lower
- Vote recorded Read third time and passed House (97-Y 0-N). Result: pass.Lower
- Feb 4Reconsideration of passage agreed to by House
- Feb 4Read third time and passed House (97-Y 0-N)Passed House
- Feb 3Read second time and engrossedMinor
- Jan 31Read first timeMinor
- Jan 29Reported from Agriculture, Chesapeake and Natural Resources (22-Y 0-N)Minor
- Vote recorded Reported from Agriculture, Chesapeake and Natural Resources (22-Y 0-N). Result: pass.Lower
- Jan 22Subcommittee recommends reporting (8-Y 1-N 1-A)
- Vote recorded Subcommittee recommends reporting (8-Y 1-N 1-A). Result: pass.Lower
- Jan 17Assigned ACNR sub: Natural ResourcesMinor
- Jan 13Fiscal Impact Statement from Department of Planning and Budget (HB2321)
- Jan 8Referred to Committee on Agriculture, Chesapeake and Natural ResourcesMinor
- Jan 8Prefiled and ordered printed; Offered 01-08-2025 25104423DIntroduced