Real estate tax; classification of residential property from commercial property. (HB699)
Introduced By
Del. Mamye BaCote (D-Newport News)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Real property tax rates; classifications. Permits localities to (i) tax single family dwellings, (ii) multifamily dwellings, and (iii) commercial property at different rates from each other and from all other real property. Amends § 58.1-3221.4 (“Classification of improvements to real property designed and used primarily for the manufacture of a renewable energy product for tax purposes.”), of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
View Bill's History
