Real property tax rate; reduces tax imposed on commercial property in Northern Virginia. (HB2479)
Introduced By
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 property tax rate; commercial property in Northern Virginia. Reduces the rate of the additional real property tax that may be imposed on commercial property by localities embraced by the Northern Virginia Transportation Authority from $0.25 per $100 to $0.125 per $100. Amends § 58.1-3221.3 (“(Effective until June 30, 2013) Classification of certain commercial and industrial real property and taxation of such property by certain localities.”), of the Code of Virginia. View Full Text »

