Virginia Code 15.2-2413.3: Petition for a proposed tourism improvement district.
Upon the submission to the clerk of a locality of a written petition, signed by the business owners in the proposed tourism improvement district who will pay more than 50 percent of the fees proposed to be charged, a locality may initiate proceedings to form a tourism improvement district. The amount of the fees attributable to a business owned by the same business owner that is in excess of 40 percent of the amount of all fees proposed to be charged shall not be included in determining whether the petition is signed by business owners who will pay more than 50 percent of the total amount of fees proposed to be charged.
Terms Used In Virginia Code 15.2-2413.3
- Business: means a business of any kind located in a tourism improvement district. See Virginia Code 15.2-2413.1
- Business owner: means any person recognized by a locality as the owner of a business subject to a business fee. See Virginia Code 15.2-2413.1
- Locality: means any county, city, or town in the Commonwealth. See Virginia Code 15.2-2413.1
- Tourism improvement district: means a district established by a locality under the provisions of this article. See Virginia Code 15.2-2413.1
- Tourism improvement district plan: means a proposal for a tourism improvement district under the provisions of this article. See Virginia Code 15.2-2413.1
Any petition shall include a summary of the tourism improvement district plan. That summary shall include a map showing the boundaries of the tourism improvement district, information specifying where the complete tourism improvement district plan can be obtained, and information specifying that the complete tourism improvement district plan shall be furnished by the signatories of the petition upon request.
2021, Sp. Sess. I, c. 500.