Sunday, September 7, 2008
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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

HB3176: Real estate tax; exempts historic landmarks used for commercial or industrial property.

Chief Patron

Del. Chris Saxman (R-20)

Chris Saxman (R-20)
Staunton, VA
Served: 2002–

Progress

Yes Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Status

Bill is Dead

View Entire History

Summary

Local real estate tax exemptions. Provides that any person who substantially changes real estate, upon which a historic landmark was formerly situated, into commercial or industrial use property shall be eligible for a partial exemption from real estate taxes for the commercial or industrial property provided that such person was not the party who demolished the historic landmark.

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Bill Text