Real property tax; roll-back taxes shall not apply to property that loses its designation, etc. (HB82)
Introduced By
Del. Bobby Orrock (R-Thornburg)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Real property tax; land use valuation. Provides that roll-back taxes shall not apply to real property that loses its designation as devoted to agricultural or horticultural use because of excavation of sand or gravel on it, provided that such property returns to agricultural or horticultural use within two years after commencement of the extraction. Amends § 58.1-3237 (“Change in use or zoning of real estate assessed under ordinance; roll-back taxes.”), of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
View Bill's History
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