Real estate tax; exemption for elderly and handicapped persons in certain counties and cities. (HB698)
Introduced By
Del. Mamye BaCote (D-Newport News) with support from co-patron Del. Frank Hall (D-Richmond)
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 estate tax exemption for the elderly and handicapped. Adds Newport News to the list of localities that may provide real estate tax exemptions to elderly and handicapped persons whose income and net worth do not exceed $62,000 and $350,000, respectively. For most localities, the income and net worth limitations are $50,000 and $200,000, respectively. View Full Text »

