Real property tax assessment; Department of Taxation to establish qualifications for certification. (HB430)

Introduced By

Del. Morgan Griffith (R-Salem)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


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 »


Bill Has Passed


01/12/2010Prefiled and ordered printed; offered 01/13/10 10102817D
01/12/2010Referred to Committee on Finance
01/18/2010Assigned Finance sub: #1
01/24/2010Impact statement from TAX (HB430)
02/03/2010Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
02/10/2010Reported from Finance with substitute (22-Y 0-N) (see vote tally)
02/10/2010Committee substitute printed 10105228D-H1
02/12/2010Read first time
02/15/2010Read second time
02/15/2010Committee substitute agreed to 10105228D-H1
02/15/2010Engrossed by House - committee substitute HB430H1
02/16/2010Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/16/2010VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/17/2010Constitutional reading dispensed
02/17/2010Referred to Committee on Finance
02/22/2010Impact statement from TAX (HB430H1)
02/24/2010Reported from Finance with substitute (13-Y 0-N) (see vote tally)
02/24/2010Committee substitute printed 10105610D-S1
02/25/2010Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/26/2010Read third time
02/26/2010Reading of substitute waived
02/26/2010Committee substitute agreed to 10105610D-S1
02/26/2010Engrossed by Senate - committee substitute HB430S1
02/26/2010Passed Senate with substitute (39-Y 0-N) (see vote tally)
03/01/2010Placed on Calendar
03/02/2010Senate substitute agreed to by House 10105610D-S1 (98-Y 1-N)
03/02/2010VOTE: --- ADOPTION (98-Y 1-N) (see vote tally)
03/04/2010Impact statement from TAX (HB430ER)
03/09/2010Bill text as passed House and Senate (HB430ER)
03/09/2010Signed by Speaker
03/11/2010Signed by President
04/11/2010G Approved by Governor-Chapter 552 (effective - see bill)
04/11/2010G Acts of Assembly Chapter text (CHAP0552)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 4 minutes.