Real estate tax; exemptions for elderly and handicapped persons in certain cities and counties. (HB1274)
Introduced By
Del. Lionell Spruill (D-Chesapeake)
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 property tax exemptions for the elderly and handicapped. Raises the maximum income eligibility restriction from $62,000 to $67,000 in the Cities of Charlottesville, Chesapeake, Norfolk, Portsmouth, Richmond, Suffolk, and Virginia Beach and the Counties of Chesterfield, Goochland, and Henrico. View Full Text »
Status
02/04/2008: Merged into HB1503
View Bill's History
Comments
Income from Social Security should not be counted in the calculations of this exemption. IF it has to be then only count that which is reported as taxable income to the IRS.
How about some kind of exemption for retired military?