Real estate taxes; computation of deferral. (HB1231)

Introduced By

Del. John Welch (R-Virginia Beach)

Progress

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

Description

Real estate taxes; computation of deferral. Repeals the requirement that the deferral amount be calculated using a base-line amount equivalent to the real estate tax in the first full tax year of ownership by the taxpayer after the adoption of the deferral program by the locality, multiplied by 105%, or such higher percentage adopted by the locality in each tax year until the current tax year. Read the Bill »

Status

03/30/2006: signed by governor

History

DateAction
01/11/2006Prefiled and ordered printed; offered 01/11/06 064148552
01/11/2006Referred to Committee on Finance
01/20/2006Assigned to Finance sub-committee: #1 (Orrock)
02/06/2006Reported from Finance (22-Y 0-N)
02/07/2006Read first time
02/08/2006Read second time and engrossed
02/08/2006Engrossment reconsidered by House
02/08/2006Engrossed by House
02/09/2006Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/09/2006VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
02/09/2006Communicated to Senate
02/10/2006Constitutional reading dispensed
02/10/2006Referred to Committee on Finance
02/14/2006Fiscal impact statement from TAX (HB1231)
03/02/2006Reported from Finance (15-Y 0-N)
03/03/2006Constitutional reading dispensed (38-Y 0-N)
03/03/2006VOTE: (38-Y 0-N)
03/06/2006Read third time
03/06/2006Reconsideration of Senate passage agreed to by Senate (40-Y 0-N)
03/06/2006Passed Senate (40-Y 0-N)
03/06/2006VOTE: (40-Y 0-N)
03/15/2006Bill text as passed House and Senate (HB1231ER)
03/15/2006Enrolled
03/15/2006Signed by Speaker
03/16/2006Signed by President
03/22/2006Fiscal impact statement from TAX (HB1231ER)
03/30/2006G Approved by Governor-Chapter 356 (effective 7/1/06)
04/05/2006G Acts of Assembly Chapter text (CHAP0356)