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2015 Session

Budget Amendments - SB800 (Conference Report)

Admissions Tax (language only)

Item 3-5.20 #1c

Item 3-5.20 #1c

Adjustments and Modifications to Tax Collections
Extension of Admissions Tax Authorization

Language
Page 517, after line 43, insert:
"§ 3-5.20 ADMISSIONS TAX
Notwithstanding the provisions of § 58.1-3818.02, Code of Virginia, or any other provision of law, subject to the execution of a memorandum of understanding between an entertainment venue and the County of Stafford, Stafford County is authorized to impose a tax on admissions to an entertainment venue located in the county that (i) is licensed to do business in the county for the first time on or after July 1, 2015, and (ii) requires at last 75 acres of land for its operations, and (iii) such land is purchased or leased by the entertainment venue owner on or after June 1, 2015.  The tax shall not exceed 10 percent of the amount of charge for admission to any such venue.  The provisions of this section shall expire on July 1, 2019 if no entertainment venue exists in Stafford County upon which the tax authorized is imposed."


Explanation
(This amendment allows for the extension of the expiration date on a provision related to an admissions tax that may be imposed by Stafford County.)