Tracking Virginia’s General Assembly
since 2007.
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
| Introduced | |
| Passed Committee | |
| Passed House | |
| Passed Senate | |
| Signed by Governor | |
| Became Law |
Status
Bill is Dead
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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