Real property; establishes separate classes for purposes of taxation rates. (HB1672)

Introduced By

Del. Bob Marshall (R-Manassas)

Progress

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

Description

Real property taxation. Establishes as separate classes of real property for purposes of real property taxation rates the following: (i) residential property and (ii) real estate devoted to agricultural use, horticultural use, forest use, or open-space use. The governing body of any county, city, or town may establish rates of taxation on each of these classes of property different from each other and different from the tax rate levied on all other real property. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
12/05/2006Committee
12/05/2006Prefiled and ordered printed; offered 01/10/07 071925396
12/05/2006Referred to Committee on Finance
01/10/2007Assigned Finance sub: #2 (Purkey)
01/16/2007Impact statement from TAX (HB1672)