Real property tax; roll-back taxes shall not apply to property that loses its designation, etc. (HB82)

Introduced By

Del. Bobby Orrock (R-Thornburg)

Progress

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

Description

Real property tax; land use valuation.  Provides that roll-back taxes shall not apply to real property that loses its designation as devoted to agricultural or horticultural use because of excavation of sand or gravel on it, provided that such property returns to agricultural or horticultural use within two years after commencement of the extraction. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
12/21/2011Committee
12/21/2011Prefiled and ordered printed; offered 01/11/12 12100499D
12/21/2011Referred to Committee on Finance
01/12/2012Assigned Finance sub: Subcommittee #1
01/21/2012Impact statement from TAX (HB82)
01/25/2012Subcommittee recommends continuing to 2013
01/30/2012Continued to 2013 in Finance