Development rights programs; State grants shall be distributed to local purchase thereof. (SB477)

Introduced By

Sen. Emmett Hanger (R-Mount Solon)

Progress

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

Description

Matching grants to local purchase of development rights programs. Provides that in general, local purchase of development rights programs would be required to make a $1 match for each $1 in grants awarded by the Office of Farmland Preservation. However, if, as of July 1 in the fiscal year, the total value of all land in a county or city upon which the real estate tax is imposed does not exceed 70 percent of the total fair market value of all land in the county or city, then for that fiscal year the local purchase of development rights program for the county or city would be required to match each $1 awarded with a match of $0.50. Value is defined as the fair market value of land unless the land has been valued under special use value assessment, in which case value would mean the use value assessment. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/09/2008Prefiled and ordered printed; offered 01/09/08
01/09/2008Prefiled and ordered printed; offered 01/09/08 082840232
01/09/2008Referred to Committee on Agriculture, Conservation and Natural Resources
01/16/2008Impact statement from DPB (SB477)
02/11/2008Reported from Agriculture, Conservation and Natural Resources with substitite (15-Y 0-N) (see vote tally)
02/11/2008Committee substitute printed 083982232-S1
02/12/2008Read second time
02/12/2008Reading of substitute waived
02/12/2008Committee substitute agreed to 083982232-S1
02/12/2008Engrossed by Senate - committee substitute SB477S1
02/12/2008Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/12/2008Passed Senate (39-Y 0-N) (see vote tally)
02/12/2008Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally)
02/12/2008Passed Senate (40-Y 0-N) (see vote tally)
02/12/2008Communicated to House
02/14/2008Placed on Calendar
02/14/2008Read first time
02/14/2008Referred to Committee on Agriculture, Chesapeake and Natural Resources
02/22/2008Impact statement from DPB (SB477S1)
02/27/2008Reported from Agriculture, Chesapeake and Natural Resources (22-Y 0-N) (see vote tally)
02/28/2008Read second time
02/29/2008Read third time
02/29/2008Passed House BLOCK VOTE (98-Y 0-N)
02/29/2008VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
03/04/2008Enrolled
03/04/2008Bill text as passed Senate and House (SB477ER)
03/04/2008Signed by Speaker
03/04/2008Signed by President
03/05/2008Impact statement from DPB (SB477ER)
03/10/2008G Approved by Governor-Chapter 530 (effective 7/1/08)
03/17/2008G Acts of Assembly Chapter text (CHAP0530)