Real estate tax; exemptions for certain elderly and disabled persons with income limits. (HB465)

Introduced By

Del. Vivian Watts (D-Annandale)

Progress

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

Description

Real property tax exemptions for certain elderly and disabled persons; income limits. Provides a local option formula for determing net combined financial worth that allows individuals who depend on investment income rather than pension income to qualify for real estate tax relief. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/07/2008Prefiled and ordered printed; offered 01/09/08 084524784
01/07/2008Referred to Committee on Finance
01/15/2008Assigned Finance sub: 1
01/15/2008Impact statement from TAX (HB465)
01/28/2008Continued to 2009 in Finance
12/04/2008Left in Finance
02/04/2009Passed by for the day

Map

This bill mentions Chesapeake, Suffolk, Virginia Beach, Portsmouth, Norfolk, Chesterfield, Henrico, Richmond, Goochland, Charlottesville, University of Virginia, Charlottesville, Stafford, Fauquier, Prince William, Manassas, Manassas Park, Alexandria, Arlington, Loudoun, Clarke.