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

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