Judicial sale of real estate; authorizes locality to institute proceedings to sell certain property. (SB1478)

Introduced By

Sen. Walter Stosch (R-Glen Allen)

Progress

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

Description

Judicial sale of real estate.  Authorizes a locality to institute proceedings to sell real property that is located within or abutting a community development authority and upon which special taxes or assessments have been imposed when the special tax or assessment is delinquent on the first anniversary of the date on which the tax or assessment became due. Under the bill, a locality would not be allowed to institute proceedings to sell property that is (i) a single family residence if the owner of the property is the resident on such first anniversary or (ii) an individual unit in a multi-unit structure or building if the owner of the unit is the resident of the unit on such first anniversary.

The bill contains an emergency clause. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/21/2011Presented and ordered printed with emergency clause 11104429D
01/21/2011Referred to Committee on Finance
01/29/2011Impact statement from TAX (SB1478)
02/02/2011Reported from Finance with amendment (15-Y 0-N) (see vote tally)
02/03/2011Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/04/2011Read second time
02/04/2011Reading of amendment waived
02/04/2011Committee amendment agreed to
02/04/2011Engrossed by Senate as amended SB1478E
02/04/2011Printed as engrossed 11104429D-E
02/07/2011Read third time and passed Senate (39-Y 0-N) (see vote tally)
02/07/2011Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally)
02/07/2011Passed Senate (40-Y 0-N) (see vote tally)
02/08/2011Placed on Calendar
02/08/2011Read first time
02/08/2011Referred to Committee on Finance
02/08/2011Impact statement from TAX (SB1478E)
02/09/2011Assigned Finance sub: #2
02/09/2011Subcommittee recommends reporting (10-Y 0-N)
02/14/2011Reported from Finance (22-Y 0-N) (see vote tally)
02/15/2011Read second time
02/16/2011Read third time
02/16/2011Passed House BLOCK VOTE (97-Y 0-N)
02/16/2011VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally)
02/21/2011Enrolled
02/21/2011Bill text as passed Senate and House (SB1478ER)
02/21/2011Signed by Speaker
02/22/2011Signed by President
02/23/2011Impact statement from TAX (SB1478ER)
03/21/2011G Approved by Governor-Chapter 324 (effective 3/21/11)
03/21/2011G Acts of Assembly Chapter text (CHAP0324)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 50 seconds.