Real estate tax; increases amount of exemptions for elderly or disabled in Northern Virginia. (HB560)

Introduced By

Del. Kris Amundson (D-Mount Vernon) with support from 6 copatrons, whose average partisan position is:

Those copatrons are Del. Brian Moran (D-Alexandria), Del. Ken Plum (D-Reston), Del. Tom Rust (R-Herndon), Del. Jim Scott (D-Merrifield), Sen. Ken Cuccinelli (R-Fairfax), Sen. Patsy Ticer (D-Alexandria)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Real property tax exemption; elderly and disabled. For localities in Northern Virginia, increases from $340,000 to $500,000 the maximum financial worth cap a locality may impose in providing real estate tax exemptions to the elderly or disabled. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2006Prefiled and ordered printed; offered 01/11/06 064333212
01/09/2006Referred to Committee on Finance
01/18/2006Assigned to Finance sub-committee: #1 (Orrock)
01/23/2006Fiscal impact statement from TAX (HB560)
02/06/2006Incorporated by Finance (HB121-Marshall, R.G.)