Real estate tax; limitation on tax rate in localities. (HB102)

Introduced By

Del. Dave Albo (R-Springfield)

Dave Albo (R-Springfield)
Served: 1994–
with support from co-patron Jeff Frederick (R-Woodbridge)

Progress

☑
 Introduced
☒
 Passed Committee
☐
 Passed House
☐
 Passed Senate
☐
 Signed by Governor
☐
 Became Law

Description

Real estate tax; limitation on tax rate. Provides that the total tax revenue in a locality may not exceed 105% of the total tax revenue in the locality in the immediately prior year unless approved by at least a two-thirds majority vote of the local governing body. The bill applies for tax years beginning on or after January 1, 2009.   View Full Text »

Outcome

Bill Has Failed
View Bill's History

Video

Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 02/12/2008.

Comments

John McDonald writes:

Providing the option of a veto to a minority group on an elected body infringes on the rights of the majority of those elected officials who, by definition, represent the majority of the locality's residents and taxpayers.

Posted 25 months ago.