Wednesday, July 9, 2008
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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

SJ371: Constitutional amendment; assessments of real property (first reference).

Chief Patron

Sen. Tommy Norment (R-3)

Tommy Norment (R-3)
Served: 1992–

Progress

Yes Introduced
Passed Committee
Passed House
Passed Senate

Status

Bill is Dead

View Entire History

Summary

Constitutional amendment (first resolution); assessment of property for tax purposes.  Provides that tax assessments made by any county, city, or town of real property used by its owners solely for single family residential purposes may, by ordinance adopted by the local governing body, be reduced on an annual basis in an amount up to the first $100,000 of assessed value, provided that such property is the primary residence of its owners.

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Bill Text