Constitutional amendment; exempts certain homeowners from taxation (voter referendum). (SB9)

Introduced By

Sen. Mary Margaret Whipple (D-Arlington)

Progress

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

Description

Constitutional amendment (voter referendum); property exempt from taxation. Provides for a referendum at the November 2008 election on approval of a proposed constitutional amendment relating to property tax exemptions. The proposed amendment authorizes the General Assembly to enact legislation that will allow localities by ordinance to exempt or partially exempt from real property taxes, or defer real property taxes on, up to 20 percent of the value of residential or farm property that is the owner-occupant's primary dwelling and lived in continuously. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
11/28/2007Prefiled and ordered printed; offered 01/09/08 087606352
11/28/2007Referred to Committee on Privileges and Elections
01/14/2008Impact statement from DPB (SB9)
01/18/2008Impact statement from DPB (SB9)
01/29/2008Reported from Privileges and Elections (12-Y 0-N) (see vote tally)
01/29/2008Rereferred to Finance
02/13/2008Left in Finance

Duplicate Bills

The following bills are identical to this one: HB6 and HB272.

Comments

VA A., tracking this bill in Photosynthesis, notes:

VA Chamber of Commerce Opposes