Tax rates; requires localities to fix for ensuing year at least 30 days prior to approval of budget. (HB927)

Introduced By

Del. Sam Nixon (R-Richmond) with support from 27 copatrons, whose average partisan position is:

Those copatrons are Del. Dave Albo (R-Springfield), Del. Clay Athey (R-Front Royal), Del. Kathy Byron (R-Lynchburg), Del. Jeff Frederick (R-Woodbridge), Del. Tom Gear (R-Hampton), Del. Todd Gilbert (R-Woodstock), Del. Morgan Griffith (R-Salem), Del. Phil Hamilton (R-Newport News), Del. Clarke Hogan (R-South Boston), Del. Bill Howell (R-Fredericksburg), Del. Tim Hugo (R-Centreville), Del. Bill Janis (R-Glen Allen), Del. Chris Jones (R-Suffolk), Del. Terry Kilgore (R-Gate City), Del. Steve Landes (R-Weyers Cave), Del. Scott Lingamfelter (R-Woodbridge), Del. Manoli Loupassi (R-Richmond), Del. Bob Marshall (R-Manassas), Del. Glenn Oder (R-Newport News), Del. John O'Bannon (R-Richmond), Del. Brenda Pogge (R-Williamsburg), Del. Bob Purkey (R-Virginia Beach), Del. Chris Saxman (R-Staunton), Del. Beverly Sherwood (R-Winchester), Del. Bob Tata (R-Virginia Beach), Sen. Bill Carrico (R-Grayson), Sen. Steve Martin (R-Chesterfield)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Tax rates. Requires each locality to fix tax rates for an ensuing year at least 30 days prior to approval of the budget for the ensuing year, with separate public notices and separate public hearings. The bill also requires each locality to lower its real estate tax rate for the forthcoming tax year to produce no more than the previous year's real property tax levies when any annual assessment, biennial assessment, or general reassessment of real property by the locality would result in an increase in the total real property tax levied. The locality may increase the rate above the reduced rate after a public hearing held no sooner than 30 days after the rate reduction. The bill has a delayed effective date of January 1, 2009. Read the Bill »


Bill Has Failed


01/08/2008Prefiled and ordered printed; offered 01/09/08 082542544
01/08/2008Referred to Committee on Finance
01/15/2008Assigned Finance sub: 1
01/20/2008Impact statement from TAX (HB927)
02/12/2008Left in Finance

Duplicate Bills

The following bills are identical to this one: SB783.