Real estate tax; authorizes certain counties & cities to adopt income limit for elderly & disabled. (SB283)

Introduced By

Sen. John Miller (D-Newport News)

Description

Elderly and permanently and totally disabled real estate tax relief; the City of Newport News. Authorizes the City of Newport News to adopt a maximum annual income limit of $62,000 and a maximum combined financial worth limit of $350,000 for its elderly and permanently and totally disabled real estate tax relief program. These are the same limits that currently apply for the Cities of Charlottesville, Chesapeake, Norfolk, Portsmouth, Richmond, Suffolk, and Virginia Beach and the Counties of Chesterfield, Goochland, and Henrico. The current maximum limits for the City of Newport News are $50,000 for annual income and $200,000 for combined financial worth. Amends § 58.1-3211 (“”), § 58.1-3211.1 (“Prorated tax exemption or deferral of tax.”), of the Code of Virginia. View Full Text »

Outcome

View Bill's History

• 01/08/2008 Prefiled and ordered printed; offered 01/09/08 080734275
• 01/08/2008 Referred to Committee on Finance
• 01/12/2008 Impact statement from TAX (SB283)
• 01/15/2008 Reported from Finance with amendment (16-Y 0-N) (see vote tally)
• 01/16/2008 Constitutional reading dispensed (39-Y 0-N) (see vote tally)
• 01/17/2008 Read second time
• 01/17/2008 Reading of amendment waived
• 01/17/2008 Committee amendment agreed to
• 01/17/2008 Engrossed by Senate as amended SB283E
• 01/17/2008 Printed as engrossed 080734275-E
• 01/18/2008 Read third time and passed Senate (38-Y 1-N) (see vote tally)
• 01/18/2008 Reconsideration of passage agreed to by Senate (38-Y 1-N) (see vote tally)
• 01/18/2008 Passed Senate (39-Y 0-N) (see vote tally)
• 01/18/2008 Communicated to House
• 02/11/2008 Impact statement from TAX (SB283E)
• 02/11/2008 Placed on Calendar
• 02/11/2008 Read first time
• 02/11/2008 Referred to Committee on Finance
• 02/12/2008 Assigned Finance sub: 1
• 02/18/2008 Reported from Finance with substitute (21-Y 0-N) (see vote tally)
• 02/18/2008 Committee substitute printed 082587672-H1
• 02/19/2008 Read second time
• 02/20/2008 Read third time
• 02/20/2008 Committee substitute agreed to 082587672-H1
• 02/20/2008 Engrossed by House - committee substitute SB283H1
• 02/20/2008 Passed House with substitute BLOCK VOTE (97-Y 0-N)
• 02/20/2008 VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
• 02/22/2008 House substitute rejected by Senate (3-Y 37-N)
• 02/26/2008 House insisted on substitute
• 02/26/2008 House requested conference committee
• 02/28/2008 Senate acceded to request (39-Y 0-N)
• 02/28/2008 Conferees appointed by Senate
• 02/28/2008 Senators: Miller, J.C., Lucas, Whipple
• 02/29/2008 Conferees appointed by House
• 02/29/2008 Delegates: Loupassi, Purkey, Watts
• 03/05/2008 Conference substitute printed 082600275-S1
• 03/05/2008 Reading of conference report waived
• 03/05/2008 Conference report agreed to by Senate (40-Y 0-N)
• 03/05/2008 Conference report agreed to by House (99-Y 0-N)
• 03/05/2008 VOTE: --- ADOPTION (99-Y 0-N)
• 03/08/2008 Enrolled
• 03/08/2008 Bill text as passed Senate and House (SB283ER)
• 03/08/2008 Signed by Speaker
• 03/10/2008 Impact statement from TAX (SB283ER)
• 03/11/2008 Signed by President
• 03/12/2008 Signed by Speaker
• 03/12/2008 Signed by President
• 03/27/2008 G Approved by Governor-Chapter 695 (effective 7/1/08)

Map

This bill mentions Chesapeake, Suffolk, Virginia Beach, Portsmouth, Norfolk, Newport News, Chesterfield, Chesterfield, Henrico, Richmond, Goochland, Goochland, Charlottesville, University of Virginia, Charlottesville, Stafford, Stafford, Fauquier, Prince William, Manassas, Manassas Park, Alexandria, Fairfax, Arlington, Falls Church, Arlington, Loudoun, Clarke.

2 votes