Residential property; permits localities to tax at a lower rate. (HB155)
Introduced By
Del. Kenneth Alexander (D-Norfolk)
Progress
√ |
Introduced |
☐ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Classification of taxable real property. Permits localities to tax residential property at a lower tax rate than that imposed on the general class of real property by creating a separate classification for taxation purposes. Amends § 58.1-3221.2 (“Classification of certain energy-efficient buildings for tax purposes.”), of the Code of Virginia. View Full Text »
Status
01/18/2006: Awaiting a Vote in the Finance Committee
View Bill's History
