Tangible personal property; tax relief for qualifying vehicles. (HB53)

Introduced By

Del. Dave Albo (R-Springfield)

Progress

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

Description

Tangible personal property tax relief.  Requires that beginning with tax year 2013 the reimbursement paid by the Commonwealth to localities for providing tangible personal property tax relief would be apportioned approximately in an equal dollar amount among all vehicles in the county, city, or town qualifying for the tax relief. Amends § 58.1-3524, § 58.1-3912, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

  • 12/19/2011 Committee
  • 12/19/2011 Prefiled and ordered printed; offered 01/11/12 12100391D
  • 12/19/2011 Referred to Committee on Finance
  • 01/12/2012 Assigned Finance sub: Subcommittee #1
  • 01/21/2012 Impact statement from TAX (HB53)
  • 01/25/2012 Subcommittee recommends striking from docket
  • 01/30/2012 Stricken from docket by Finance