Affordable housing; assessment of real property. (HB1173)

Introduced By

Del. Melanie Rapp (R-Yorktown) with support from co-patron Del. Jim Scott (D-Merrifield)

Progress

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

Description

Real property assessments; affordable housing. Provides that (i) certain federal, state or local restrictions, as well as special expenses be considered in determining the fair market value and the capitalization rate for certain real property designated as affordable housing, and (ii) federal and state income tax credits with respect to real property shall not be considered real property or income attributable to real property. Read the Bill »

Status

04/05/2006: signed by governor

History

DateAction
01/11/2006Prefiled and ordered printed; offered 01/11/06 065319140
01/11/2006Referred to Committee on General Laws
01/23/2006Assigned to General Laws sub-committee: #2 FOIA/Procurement (Marshall, D.)
01/24/2006Referred from General Laws
01/24/2006Referred to Committee on Finance
01/24/2006Fiscal impact statement from TAX (HB1173)
02/06/2006Reported from Finance with substitute (22-Y 0-N)
02/06/2006Committee substitute printed 065356480-H1
02/07/2006Read first time
02/08/2006Read second time
02/08/2006Committee substitute agreed to 065356480-H1
02/08/2006Engrossment reconsidered by House
02/08/2006Engrossed by House - committee substitute HB1173H1
02/09/2006Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/09/2006VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
02/09/2006Communicated to Senate
02/10/2006Constitutional reading dispensed
02/10/2006Referred to Committee on Finance
02/17/2006Fiscal impact statement from TAX (HB1173H1)
03/01/2006Reported from Finance (15-Y 0-N)
03/02/2006Constitutional reading dispensed (39-Y 0-N)
03/02/2006VOTE: (39-Y 0-N)
03/03/2006Read third time
03/03/2006Passed Senate (39-Y 0-N)
03/03/2006VOTE: (39-Y 0-N)
03/11/2006Bill text as passed House and Senate (HB1173ER)
03/11/2006Enrolled
03/11/2006Signed by Speaker
03/13/2006Signed by President
03/29/2006Fiscal impact statement from TAX (HB1173ER)
04/05/2006G Approved by Governor-Chapter 688 (effective - see bill)
04/14/2006G Acts of Assembly Chapter text (CHAP0688)