Thursday, July 24, 2008
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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

SB1268: Impact fees; high-growth localities may impose and collect.

Chief Patron

Sen. Mark Herring (D-33)

Mark Herring (D-33)
Served: 2006–

Progress

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

Status

Bill is Dead

View Entire History

Summary

Impact fees.  Grants general impact fee authority to "high-growth" localities.  Any locality that includes within its comprehensive plan a calculation of the capital costs of public facilities necessary to serve residential uses may impose and collect impact fees to cover the costs of issuing permits for residential uses in amounts sufficient to defray all or part of the capital costs of public facilities related to residential development.  Impact fees imposed and collected shall only be used for public facilities that are impacted by a particular development project; however, the fees may be used in the general area of the project.

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Bill Text