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Search 2008 Bills:

HB215: Real estate tax; classification of residential property.

Chief Patron

Del. Kenny Alexander (D-89)

Kenny Alexander (D-89)
Norfolk, VA
Served: 2002–

Progress

Yes Introduced
No Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Status

02/07/2008: Failed to Pass in Committee

View Entire History

Summary

Classification of taxable real property.  Permits localities to tax residential property at a lower tax rate than that imposed on the general class of real property by creating a separate classification for taxation purposes. If a locality imposes a lower tax rate on residential property, then thereafter the locality shall not increase the rate of taxation on the general class of real property.

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Video

Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 02/07/2008 and 02/07/2008.

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Bill Text

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