Real estate tax; exemptions and deferrals for certain residential or farm property. (HB681)
Introduced By
Del. Paula Miller (D-Norfolk) with support from co-patron Del. Bob Brink (D-Arlington)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Real property tax exemptions and deferrals for certain residential or farm property. Authorizes local governing bodies to exempt, partially exempt, or defer the taxation of real property of up to 20 percent of the fair market value of real property that is residential or farm property designed for continuous habitation and occupied as the primary dwelling of the individual owners. The bill is contingent on a constitutional amendment authorizing the exemption. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/08/2008 | Committee |
01/08/2008 | Prefiled and ordered printed; offered 01/09/08 086190440 |
01/08/2008 | Referred to Committee on Finance |
01/15/2008 | Assigned Finance sub: 1 |
01/22/2008 | Impact statement from TAX (HB681) |
02/07/2008 | Stricken from docket by Finance |