Thursday, July 24, 2008
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Tracking Virginia’s General Assembly
since 2007.
HB635: Impact fees; expands existing road impact fee provisions to include school improvements, etc.
Chief Patron
Del.
Joe May (R-33)
Joe May
(R-33)
Leesburg, VA
Served: 1994–
Progress
 |
Introduced |
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Passed Committee |
 |
Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Status
02/12/2008: Failed to Pass in Committee
Summary
Impact fees. Expands existing road impact fee provisions to include school improvements and extends the applicability of such provisions from localities that meet certain population and growth criteria to all localities. "Impact fee" is defined as a charge or assessment imposed against new development in order to generate revenue to fund or recover the costs of public facilities necessitated by and attributable to the new development. The value of any dedication, contribution, or construction from the developer for off-site road improvements and school facility improvements within the service area shall be treated as a credit against the impact fee.
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Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 02/12/2008.
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