Tracking Virginia’s General Assembly
since 2007.
HB2283: Real estate tax; deferral of tax for certain elderly and disabled.
Chief Patron
Del.
Vivian Watts (D-39)
Vivian Watts
(D-39)
Annandale, VA
Served: 1996–
Progress
| Introduced | |
| Passed Committee | |
| Passed House | |
| Passed Senate | |
| Signed by Governor | |
| Became Law |
Status
Bill is Dead
Summary
Real property tax; deferral of tax for certain elderly and disabled. Creates a formula for determining net financial worth with regard to deferring or exempting real estate tax for elderly and disabled in certain localities. The net combined financial worth is to be determined as the portion of net combined financial worth equal to the percentage of total combined income derived from pension or social security income.
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