Real estate tax; exempts historic landmarks used for commercial or industrial property. (HB3176)

Introduced By

Del. Chris Saxman (R-Staunton)

Progress

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

Description

Local real estate tax exemptions. Provides that any person who substantially changes real estate, upon which a historic landmark was formerly situated, into commercial or industrial use property shall be eligible for a partial exemption from real estate taxes for the commercial or industrial property provided that such person was not the party who demolished the historic landmark. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/19/2007Committee
01/19/2007Presented and ordered printed 077490496
01/19/2007Referred to Committee on Finance
01/23/2007Impact statement from TAX (HB3176)

Duplicate Bills

The following bills are identical to this one: SB1058.