Adopted by the 1996 Session of the General Assembly, HJR 223 and SJR 101 establish a joint subcommittee to examine financing options for the purpose of Constructing a baseball stadium in Virginia. The resolutions provide for a joint subcommittee of 13 members, including four members of the House, with expertise in appropriations, three members of the Senate, with expertise in finance, two representatives of local government to be appointed by the Speaker of the House, two citizens of the Commonwealth, one to be appointed by the Speaker of the House and one to be appointed by the Senate Committee on Privileges and Elections, and two members of the Virginia Baseball Stadium Authority to be appointed by the Speaker of the House, upon the recommendation of the Authority.

Pursuant to HJR 223 and SJR 101, the subcommittee was charged with the responsibility of considering the appropriate roles for state and local government and the private sector, possible revenue sources, and the costs to state and local government and to submit its findings and recommendations to the Governor and the General Assembly by July 1, 1996.