---
type: "Bill"
title: "Virginia Beach Sports or Entertainment Project; extends expiration date of tax incentive, etc."
description: "Virginia Beach Sports or Entertainment Project; extend expiration date of tax incentive; modify financing structure. Provides that the City of Virginia Beach's entitlement to state sales and use tax revenue attributable to a sports or entertainment project, which under current law will expire on July 1, 2039, shall expire on July 1 following the twentieth anniversary of the completion of construction of the sports and entertainment project. The bill authorizes the City of Virginia Beach to work with a community development authority established by the City to develop a sports or entertainment district, and authorizes it to use funds from the Sports or Entertainment Project Financing Fund to pay for debt maintenance costs of such authority."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2020"
identifier: "HB 120"
citation: "Virginia HB 120 (2020)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Barry D. Knight"]
version_count: 4
action_count: 30
vote_count: 7
first_action: "2019-12-16"
last_action: "2020-03-25"
source: "openstates"
source_identifier: "ocd-bill/d8dde5a5-75d2-409c-ad32-a92ba661b98f"
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+HB120"
source_hash: "5d24518fe08bc02d40a8343b4c7a4161dccd0545d2b5d329a68efcddd24f1406"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-va"]
---

# Virginia HB 120 (2020) — Virginia Beach Sports or Entertainment Project; extends expiration date of tax incentive, etc.

Virginia Beach Sports or Entertainment Project; extend expiration date of tax incentive; modify financing structure. Provides that the City of Virginia Beach's entitlement to state sales and use tax revenue attributable to a sports or entertainment project, which under current law will expire on July 1, 2039, shall expire on July 1 following the twentieth anniversary of the completion of construction of the sports and entertainment project. The bill authorizes the City of Virginia Beach to work with a community development authority established by the City to develop a sports or entertainment district, and authorizes it to use funds from the Sports or Entertainment Project Financing Fund to pay for debt maintenance costs of such authority.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Acts of Assembly Chapter text (CHAP0467)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+CHAP0467)
2. **Bill text as passed House and Senate (HB120ER)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+HB120ER)
3. **Engrossed by House - committee substitute HB120H1** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+HB120H1)
4. **Impact statement from TAX (HB120)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+HB120)

## Votes

- Reported from Finance and Appropriations (15-Y 0-N 1-A) — **15–0** (pass) · upper
- Constitutional reading dispensed (38-Y 0-N) — **38–0** (pass) · upper
- Reported from Finance with substitute (14-Y 7-N) — **14–7** (pass) · lower
- Passed Senate (36-Y 2-N 2-A) — **36–2** (pass) · upper
- Subcommittee recommends reporting with substitute (6-Y 4-N) — **6–4** (pass) · lower
- VOTE: Passage (75-Y 24-N) — **74–24** (pass) · lower
- VOTE:DEFEATED (44-Y 51-N) — **43–51** (fail) · lower

## Sponsors

- Barry D. Knight — primary (person)
- Alex Q. Askew — cosponsor (person)
- Joseph C. Lindsey — cosponsor (person)
- Kelly K. Convirs-Fowler — cosponsor (person)
- Nancy D. Guy — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-12-16** Prefiled and ordered printed; offered 01/08/20 20101271D `introduction`
- **2019-12-16** Referred to Committee on Finance `referral-committee`
- **2020-01-11** Impact statement from TAX (HB120)
- **2020-01-29** Assigned Finance sub: Subcommittee #2 `referral-committee`
- **2020-02-03** Subcommittee recommends reporting with substitute (6-Y 4-N)
- **2020-02-05** Committee substitute printed 20105677D-H1 `substitution`
- **2020-02-05** Reported from Finance with substitute (14-Y 7-N) `committee-passage`
- **2020-02-06** Read first time `reading-1`
- **2020-02-07** Read second time `reading-2`
- **2020-02-07** Committee substitute agreed to 20105677D-H1
- **2020-02-07** Engrossed by House - committee substitute HB120H1
- **2020-02-10** Read third time and defeated by House (44-Y 51-N) `failure`
- **2020-02-10** VOTE:DEFEATED (44-Y 51-N)
- **2020-02-10** Reconsideration of defeated action agreed to by House
- **2020-02-10** Passed by for the day
- **2020-02-11** Read third time and passed House (75-Y 24-N) `passage, reading-3`
- **2020-02-11** VOTE: Passage (75-Y 24-N)
- **2020-02-12** Constitutional reading dispensed
- **2020-02-12** Referred to Committee on Finance and Appropriations `referral-committee`
- **2020-02-25** Reported from Finance and Appropriations (15-Y 0-N 1-A) `committee-passage`
- **2020-02-26** Constitutional reading dispensed (38-Y 0-N)
- **2020-02-26** Read third time `reading-3`
- **2020-02-26** Passed Senate (36-Y 2-N 2-A) `passage`
- **2020-03-02** Enrolled
- **2020-03-02** Signed by Speaker
- **2020-03-03** Signed by President
- **2020-03-06** Impact statement from TAX (HB120ER)
- **2020-03-12** Enrolled Bill communicated to Governor on March 12, 2020
- **2020-03-12** Governor's Action Deadline 11:59 p.m., April 11, 2020
- **2020-03-25** Approved by Governor-Chapter 467 (effective 7/1/20) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d8dde5a5-75d2-409c-ad32-a92ba661b98f`. Confidence: reported (aggregated from official Virginia legislature records).