Constitutional amendment; localities computation of real estate taxes (first reference). (HJ122)
Introduced By
Del. Manoli Loupassi (R-Richmond)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
Description
Constitutional amendment (first resolution); real estate tax partial exemption. Requires localities to compute real estate taxes based on no more than a five percent increase in the assessed value on the primary residence of an owner after he has occupied it for five years. The taxes of any new owner of the dwelling shall be based on fair market value until the new owner has occupied the dwelling for five years. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/08/2008 | Prefiled and ordered printed; offered 01/09/08 087639606 |
| 01/08/2008 | Referred to Committee on Privileges and Elections |
| 01/18/2008 | Continued to 2009 in Privileges and Elections |
| 12/04/2008 | Left in Privileges and Elections |