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2017 Session

Budget Amendments - SB900 (Member Request)

Chief Patron: Wexton
Disallowance of State Funding for NFL Franchise (language only)

Item 3-5.20 #1s

Item 3-5.20 #1s

Adjustments and Modifications to Tax Collections
Secretary of Finance

Language


  

Page 532, after line 21, insert:

“§ 3-5.20  DISALLOWANCE OF GENERAL AND NONGENERAL FUNDS IN SUPPORT OF A NATIONAL FOOTBALL LEAGUE FRANCHISE

Notwithstanding any other provision of law, no general or nongeneral funds, from any source, shall be used to incentivize or otherwise facilitate (including the construction, rehabilitation, or financing of a stadium or related infrastructure) the location of a National Football League franchise team in the Commonwealth.”



Explanation

(This amendment disallows the use of state funding, either general or nongeneral funds, to incentivize or otherwise support the development or construction of an NFL team stadium in Virginia.)