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