Land preservation; special assessments. (SB56)
Introduced By
Sen. Roscoe Reynolds (D-Martinsville)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Special assessments for land preservation. Provides that a local assessing office may find one of the following documents useful in making his determination as to whether certain real estate is devoted solely to agricultural or horticultural use: (i) the assigned USDA/ASCS farm number, and evidence of participating in a federal farm program, or (ii) federal tax forms (1040F) Farm Expenses and Income, (4835) Farm Rental Income and Expenses, or (1040E) Cash Rent for Agricultural Land, or (iii) a Conservation Farm Management Plan prepared by a professional, or (iv) documentation of gross sales averaging more than $5,000 annually over the previous three years. Amends § 58.1-3233 (“Determinations to be made by local officers before assessment of real estate under ordinance.”), of the Code of Virginia. View Full Text »
