Real property tax assessment; affordable housing. (HB1553)
Introduced By
Del. Manoli Loupassi (R-Richmond) with support from co-patron Del. Chris Peace (R-Mechanicsville)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Real property tax assessment; affordable housing. Modifies the special means of assessing the value of affordable rental housing units by permitting a taxpayer who owns certain multiple units and has expenses that are common to two or more units to make a pro rata apportionment of such expenses to each such unit based on each unit's assessed value as a percentage of the total assessed value of all such units. The bill covers the units whether they are in a single tax parcel or multiple tax parcels.
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/04/2013 | Committee |
01/04/2013 | Prefiled and ordered printed; offered 01/09/13 13101814D |
01/04/2013 | Referred to Committee on Finance |
01/12/2013 | Impact statement from TAX (HB1553) |
01/14/2013 | Assigned Finance sub: #2 |
01/16/2013 | Subcommittee recommends reporting (9-Y 0-N) |
01/21/2013 | Reported from Finance (20-Y 0-N) (see vote tally) |
01/22/2013 | Read first time |
01/23/2013 | Passed by temporarily |
01/23/2013 | Read second time and engrossed |
01/24/2013 | Read third time and passed House BLOCK VOTE (99-Y 0-N) |
01/24/2013 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
01/25/2013 | Constitutional reading dispensed |
01/25/2013 | Referred to Committee on Finance |
02/01/2013 | Impact statement from TAX (HB1553) |
02/06/2013 | Reported from Finance (13-Y 0-N) (see vote tally) |
02/07/2013 | Passed by for the day |
02/08/2013 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/11/2013 | Read third time |
02/11/2013 | Passed by for the day |
02/12/2013 | Read third time |
02/12/2013 | Passed Senate (40-Y 0-N) (see vote tally) |
02/18/2013 | Enrolled |
02/18/2013 | Bill text as passed House and Senate (HB1553ER) |
02/18/2013 | Signed by Speaker |
02/19/2013 | Impact statement from TAX (HB1553ER) |
02/19/2013 | Signed by President |
03/13/2013 | G Approved by Governor-Chapter 249 (effective 7/1/13) |
03/13/2013 | G Acts of Assembly Chapter text (CHAP0249) |
Comments
The VHC supports this bill that will ensure that scattered site affordable housing properties are not unfairly assessed as "market rate".