Real property tax assessment; partial exemption for certain improvements. (SB785)
Introduced By
Sen. John Watkins (R-Midlothian)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Real property tax assessment; partial exemption for certain improvements. Clarifies that the partial exemption from the assessed value of real property subject to real property tax for improvements to rehabilitated, renovated, or replacement residential structures or for improvements in rehabilitation districts or redevelopment or conservation areas shall not be reduced during the period of exemption, and that the exemption runs with the land. The bill contains technical amendments.
Outcome
Bill Has Passed
History
Date | Action |
---|---|
12/28/2010 | Prefiled and ordered printed; offered 01/12/11 11102114D |
12/28/2010 | Referred to Committee on Finance |
01/14/2011 | Impact statement from TAX (SB785) |
01/26/2011 | Reported from Finance with amendments (14-Y 0-N) (see vote tally) |
01/27/2011 | Constitutional reading dispensed (38-Y 0-N) (see vote tally) |
01/28/2011 | Passed by for the day |
01/31/2011 | Read second time |
01/31/2011 | Reading of amendments waived |
01/31/2011 | Committee amendments agreed to |
01/31/2011 | Engrossed by Senate as amended SB785E |
01/31/2011 | Printed as engrossed 11102114D-E |
02/01/2011 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
02/07/2011 | Placed on Calendar |
02/07/2011 | Read first time |
02/07/2011 | Referred to Committee on Finance |
02/08/2011 | Assigned Finance sub: #2 |
02/08/2011 | Impact statement from TAX (SB785E) |
02/09/2011 | Subcommittee recommends reporting with amendment(s) (10-Y 0-N) |
02/14/2011 | Reported from Finance with substitute (22-Y 0-N) (see vote tally) |
02/14/2011 | Committee substitute printed 11105342D-H1 |
02/15/2011 | Read second time |
02/16/2011 | Passed by for the day |
02/17/2011 | Read third time |
02/17/2011 | Committee substitute agreed to 11105342D-H1 |
02/17/2011 | Amendment by Delegate Hugo agreed to |
02/17/2011 | Engrossed by House - committee substitute with amendment SB785H1 |
02/17/2011 | Passed House with substitute with amendment (98-Y 0-N) |
02/17/2011 | VOTE: PASSAGE EMERGENCY (98-Y 0-N) (see vote tally) |
02/21/2011 | House substitute with amendment agreed to by Senate (40-Y 0-N) (see vote tally) |
02/21/2011 | Emergency clause added |
02/21/2011 | Title replaced 11105342D-S1 |
02/25/2011 | Enrolled |
02/25/2011 | Bill text as passed Senate and House (SB785ER) |
02/25/2011 | Signed by Speaker |
02/25/2011 | Signed by President |
03/02/2011 | Impact statement from TAX (SB785ER) |
03/24/2011 | G Approved by Governor-Chapter 423 (effective 3/24/11) |
03/24/2011 | G Acts of Assembly Chapter text (CHAP0423) |