Friday, July 25, 2008
The General Assembly is not in session.
Tracking Virginia’s General Assembly
since 2007.
HB1086: Affordable housing; assessment of real property, consideration of limitations.
Chief Patron
Del.
Jim Scott (D-53)
Jim Scott
(D-53)
Merrifield, VA
Served: 1992–
Progress
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Introduced |
 |
Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Status
Bill is Dead
Summary
Real property assessments; consideration of affordable housing limitations. Requires local tax assessors to consider the impact of legally imposed rent restrictions on real property operated as affordable housing in determining the fair market value of such property. The bill also provides that federal and state income tax credits with respect to real property shall not be considered real property or income attributable to real property. View Full Text »
Poll Results
No Richmond Sunlight visitors voted on this bill while voting was open.
