Real estate and personal property taxes; applied to property of public service corporations, etc. (HB1123)
Introduced By
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Real and personal property tax; public service corporations. Clarifies that the tax rate to be applied to real and personal property of public service corporations is the locality's general real estate tax rate and does not include any other rate that localities are permitted to apply to certain energy-efficient buildings. Amends § 58.1-2606 (“Local taxation of real and tangible personal property of public service corporations; other persons.”), of the Code of Virginia. View Full Text »

