Real property tax assessment; Department of Taxation to establish qualifications for certification. (HB430)
Introduced By
Del. Morgan Griffith (R-Salem)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Real property tax assessment. Provides (i) that the fair market value of certain affordable housing be determined using income production assessment methodology, based on the property's current use and restrictions; (ii) additional requirements for real estate assessors; (iii) that a locality's real property sales assessment ratio higher than 110 percent is prima facie proof that the locality has failed to assess at 100 percent of fair market value; (iii) taxpayers access to certain information related to assessments; and (iv) additional requirements related to boards of equalization. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/12/2010 | Committee |
01/12/2010 | Prefiled and ordered printed; offered 01/13/10 10102817D |
01/12/2010 | Referred to Committee on Finance |
01/18/2010 | Assigned Finance sub: #1 |
01/24/2010 | Impact statement from TAX (HB430) |
02/03/2010 | Subcommittee recommends reporting with amendment(s) (8-Y 0-N) |
02/10/2010 | Reported from Finance with substitute (22-Y 0-N) (see vote tally) |
02/10/2010 | Committee substitute printed 10105228D-H1 |
02/12/2010 | Read first time |
02/15/2010 | Read second time |
02/15/2010 | Committee substitute agreed to 10105228D-H1 |
02/15/2010 | Engrossed by House - committee substitute HB430H1 |
02/16/2010 | Read third time and passed House BLOCK VOTE (99-Y 0-N) |
02/16/2010 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
02/17/2010 | Constitutional reading dispensed |
02/17/2010 | Referred to Committee on Finance |
02/22/2010 | Impact statement from TAX (HB430H1) |
02/24/2010 | Reported from Finance with substitute (13-Y 0-N) (see vote tally) |
02/24/2010 | Committee substitute printed 10105610D-S1 |
02/25/2010 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/26/2010 | Read third time |
02/26/2010 | Reading of substitute waived |
02/26/2010 | Committee substitute agreed to 10105610D-S1 |
02/26/2010 | Engrossed by Senate - committee substitute HB430S1 |
02/26/2010 | Passed Senate with substitute (39-Y 0-N) (see vote tally) |
03/01/2010 | Placed on Calendar |
03/02/2010 | Senate substitute agreed to by House 10105610D-S1 (98-Y 1-N) |
03/02/2010 | VOTE: --- ADOPTION (98-Y 1-N) (see vote tally) |
03/04/2010 | Impact statement from TAX (HB430ER) |
03/09/2010 | Enrolled |
03/09/2010 | Bill text as passed House and Senate (HB430ER) |
03/09/2010 | Signed by Speaker |
03/11/2010 | Signed by President |
04/11/2010 | G Approved by Governor-Chapter 552 (effective - see bill) |
04/11/2010 | G Acts of Assembly Chapter text (CHAP0552) |