Bills have been introduced in both chambers of the Virginia General Assembly for a crucial piece of the Potomac Yard arena plans.
The arena requires a state-created Virginia Sports and Entertainment Authority to finance the arena’s construction and nearby buildings.
The Authority is responsible for financing $1.4 billion of the overall $2 billion construction cost.
The bill by State Sen. Scott Surovell introduced in the State Senate said the Authority would be entitled to various streams of tax revenue, including:
(i) sales tax revenues from construction and transactions on the campus, defined in the bill, but certain revenues that current law dedicates to transportation and education are excluded; (ii) all pass-through entity tax revenues and corporate income tax revenues from income generated by the company, defined in the bill, or any professional sports team or any affiliates as well as in the development and construction of the campus; and (iii) all personal income tax revenues from income generated through employment and business activity on the campus. It also authorizes the City of Alexandria to appropriate tax revenues to the Authority.
Surovell’s bill was referred to the Committee on Finance and Appropriations on Friday while a matching bill in the House of Delegates was referred to the House Committee on Appropriations.
Despite bipartisan support from local, state and federal leaders at the proposal’s debut last fall, some state leaders said they remain unconvinced that the arena is a good idea. State Sen. Adam Ebbin said full funding to the Metro is a prerequisite for discussion of the new arena after both local activists and Metro leadership raised concerns about the Potomac Yard Metro station’s ability to handle arena crowds.
Crossover for legislation is on Tuesday, Feb. 13. The last day of the session is March 9.
Recent Stories
(Updated at 4 p.m.) Alexandria succeeded in its bid today to dismiss a case filed by residents furious with a citywide zoning overhaul that allows developers to build homes with…
Alexandria’s history with racially restrictive covenants was a major topic during the Zoning for Housing/Housing for All debate last year, and a new interactive map shows the location of those…
This weekend Evelyn Chumbow, the director of the Human Trafficking Legal Center and a survivor of child labor trafficking, will lead a discussion at the Alexandria library on the ongoing…
Thinking of selling yourself? Ask McEnearney discusses the benefits of using a Realtor when selling a home.
FREE Leadership Sessions will be conducted at the George Mason University –Arlington Campus for High School Latinas. The program runs from Monday 7/15 through Friday 7/19 from 10:00AM to 3:00PM EST each day (1-week).
Las sesiones de liderazgo GRATUITAS se llevarán a cabo en el campus de George Mason University – Arlington para latinas de secundaria. El programa se desarrollará desde el lunes 15 de julio hasta el viernes 19 de julio, de 10:00 a.m. a 3:00 p.m. EST cada día (1 semana).
Our goal is to equip students with the fundamentals of self-promotion and guide them in shaping their personal brand for future success. What sets this program apart is its integration of self-awareness activities and mentorship by seasoned professionals.
Finding a gift for moms can be difficult. Google “Mother’s Day gifts,” and you’ll scroll through endless lists of beauty products, candles and fuzzy robes. Sure, those are sweet, but sometimes it’s fun to surprise loved ones with something a little more, well, practical!
Here’s one idea: Give her a gift certificate for a home cleaning from Well-Paid Maids. It’s the perfect “thank you,” “I love you” or “you’ve got this” for any mom. She can schedule the home cleaning at her convenience and breathe easy knowing she has one less thing to do.
Our cleaners will take care of everything, including vacuuming and mopping as well as cleaning and dusting countertops, tables, mirrors, appliances and more. Sinks, toilets, showers and appliance exteriors also get a good scrub.
Plus, when you buy a gift certificate from Well-Paid Maids, you’re supporting a living-wage cleaning company. That means cleaners get paid a starting wage of $24 an hour and get access to benefits, like 24 days of PTO and health insurance.
Alexandria NAACP, Shiloh Baptist Church, DPC to hold City Council…
The Alexandria Branch of the NAACP, Shiloh Baptist Church, and The Departmental Progressive Club to hold the City Council Candidate Forum for ALL Candidates in the City of Alexandria Virginia. The event is Free of Charge and Open to The
