Tracking Virginia’s General Assembly
since 2007.
HB2753: Real estate tax; tax credit for certain residential property.
Chief Patron
Del.
Dave Marsden (D-41)
Dave Marsden
(D-41)
Burke, VA
Served: 2006–
Progress
| Introduced | |
| Passed Committee | |
| Passed House | |
| Passed Senate | |
| Signed by Governor | |
| Became Law |
Status
Bill is Dead
Summary
Real property tax; tax credit for certain residential real property. Allows localities to provide a tax credit equal to five percent of the tax liability due on residential real property located within one mile of a light or heavy rail station or bus station that is a hub. The credit may be taken only by property owners who purchased their homes on or after January 1, 2007, and may be taken for a period not to exceed five years.
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