Real estate tax; increases amount of exemptions for elderly or disabled in Northern Virginia. (HB121)

Introduced By

Del. Bob Marshall (R-Manassas)

Progress

√
 Introduced
√
 Passed Committee
√
 Passed House
√
 Passed Senate
√
 Signed by Governor
√
 Became Law

Description

Real property tax exemption; elderly and disabled. Changes certain provisions regarding real estate tax exemptions for the elderly and disabled by: (i) for localities in Northern Virginia, increasing from $340,000 to $540,000 the maximum financial worth cap a locality may impose and adding Clarke, Fauquier, and Stafford Counties to the localities in Northern Virginia for which the higher cap is applicable; and (ii) for certain other localities in central Virginia and Tidewater, increasing such cap from $200,000 to $350,000, and adding cities of Norfolk and Richmond to the localities for which the higher cap is applicable. The bill incorporates HB 87 (Cole), HB 277 (Caputo), HB 540 (McClellan), HB 560 (Amundson), HB 1097 (Sickles), and HB 1444 (Miller). Amends § 58.1-3211, of the Code of Virginia. View Full Text »

Status

04/05/2006: signed by governor

History

  • 12/27/2005 Prefiled and ordered printed; offered 01/11/06 065137396
  • 12/27/2005 Referred to Committee on Finance
  • 01/18/2006 Assigned to Finance sub-committee: #1 (Orrock)
  • 01/22/2006 Fiscal impact statement from TAX (HB121)
  • 02/06/2006 Reported from Finance with substitute (22-Y 0-N)
  • 02/06/2006 Committee substitute printed 065199448-H1
  • 02/07/2006 Read first time
  • 02/08/2006 Passed by for the day
  • 02/09/2006 Read second time
  • 02/09/2006 Committee substitute agreed to 065199448-H1
  • 02/09/2006 Engrossed by House - committee substitute HB121H1
  • 02/10/2006 Read third time and passed House BLOCK VOTE (99-Y 0-N)
  • 02/10/2006 VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
  • 02/10/2006 Communicated to Senate
  • 02/13/2006 Constitutional reading dispensed
  • 02/13/2006 Referred to Committee on Finance
  • 02/17/2006 Fiscal impact statement from TAX (HB121H1)
  • 02/28/2006 Reported from Finance (15-Y 0-N)
  • 03/01/2006 Constitutional reading dispensed (39-Y 0-N)
  • 03/01/2006 VOTE: (39-Y 0-N)
  • 03/01/2006 Motion to reconsider pass by for the day agreed to (40-Y 0-N)
  • 03/01/2006 Passed by for the day (40-Y 0-N)
  • 03/01/2006 VOTE: (40-Y 0-N)
  • 03/02/2006 Read third time
  • 03/02/2006 Passed Senate (39-Y 0-N)
  • 03/02/2006 VOTE: (39-Y 0-N)
  • 03/09/2006 Bill text as passed House and Senate (HB121ER)
  • 03/09/2006 Enrolled
  • 03/09/2006 Signed by President
  • 03/10/2006 Signed by Speaker
  • 03/13/2006 Fiscal impact statement from TAX (HB121ER)
  • 04/05/2006 G Approved by Governor-Chapter 585 (effective 7/1/06)
  • 04/12/2006 G Acts of Assembly Chapter text (CHAP0585)