Tangible personal property; tax relief for qualifying vehicles. (HB53)
Introduced By
Del. Dave Albo (R-Springfield)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Tangible personal property tax relief. Requires that beginning with tax year 2013 the reimbursement paid by the Commonwealth to localities for providing tangible personal property tax relief would be apportioned approximately in an equal dollar amount among all vehicles in the county, city, or town qualifying for the tax relief. Amends § 58.1-3524 (“Tangible personal property tax relief; local tax rates on vehicles qualifying for tangible personal property tax relief.”), § 58.1-3912 (“Treasurers to mail certain bills to taxpayers; penalties; electronic transmission.”), of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
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