Real estate tax; commercial and industrial property in localities in Northern Virginia. (HB1068)

Introduced By

Del. Tim Hugo (R-Centreville)

Progress

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

Description

Real property tax; commercial and industrial property in localities in Northern Virginia.  Removes the sunset date (June 30, 2013) from the law that reduced the tax rate for the special real property tax on commercial and industrial property in the localities encompassed by the Northern Virginia Transportation Authority from 25 cents ($0.25) per $100 of assessed value to 12.5 cents ($0.125) per $100 of assessed value. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/11/2012Committee
01/11/2012Prefiled and ordered printed; offered 01/11/12 12103797D
01/11/2012Referred to Committee on Finance
01/20/2012Assigned Finance sub: #1
01/31/2012Impact statement from TAX (HB1068)
02/01/2012Subcommittee recommends reporting with amendment(s) (10-Y 0-N)
02/06/2012Reported from Finance with substitute (22-Y 0-N) (see vote tally)
02/06/2012Committee substitute printed 12105045D-H1
02/07/2012Read first time
02/08/2012Read second time
02/08/2012Committee substitute agreed to 12105045D-H1
02/08/2012Engrossed by House - committee substitute HB1068H1
02/09/2012Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/09/2012VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/10/2012Constitutional reading dispensed
02/10/2012Referred to Committee on Finance
02/20/2012Impact statement from TAX (HB1068H1)
02/29/2012Reported from Finance (14-Y 0-N) (see vote tally)
03/01/2012Constitutional reading dispensed (39-Y 0-N) (see vote tally)
03/02/2012Read third time
03/02/2012Passed Senate (39-Y 0-N) (see vote tally)
03/08/2012Enrolled
03/08/2012Bill text as passed House and Senate (HB1068ER)
03/08/2012Impact statement from TAX (HB1068ER)
03/08/2012Signed by Speaker
03/09/2012Signed by President
04/04/2012G Approved by Governor-Chapter 535 (effective 7/1/12)
04/04/2012G Acts of Assembly Chapter text (CHAP0535)

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 1 minute.