Residential property; permits localities to tax at a lower rate. (HB155)
Introduced By
Del. Kenneth Alexander (D-Norfolk) with support from co-patron Del. Lynwood Lewis (D-Accomac)
Progress
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Introduced |
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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 |
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 »
Outcome
Bill Has Failed
View Bill's History
