Real property tax; exemption for certain leasehold interests. (HB1766)

Introduced By

Del. Manoli Loupassi (R-Richmond) with support from co-patron Sen. Jennifer McClellan (D-Richmond)

Progress

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

Description

Real property tax exemption; certain leasehold interests. Authorizes localities to exempt from real property tax the leasehold interest in property in which the lessor is exempt from real property tax and the lessee is entitled to federal rehabilitation tax credits related to the property and uses the property for charitable, literary, scientific, cultural, or educational purposes. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/12/2015Committee
01/12/2015Prefiled and ordered printed; offered 01/14/15 15101166D
01/12/2015Referred to Committee on Finance
01/20/2015Assigned Finance sub: Subcommittee #1
01/25/2015Impact statement from TAX (HB1766)
01/28/2015Subcommittee recommends reporting (9-Y 0-N)
02/04/2015Reported from Finance (19-Y 1-N) (see vote tally)
02/06/2015Read first time
02/09/2015Read second time and engrossed
02/10/2015Read third time and passed House (97-Y 3-N)
02/10/2015VOTE: PASSAGE (97-Y 3-N) (see vote tally)
02/11/2015Constitutional reading dispensed
02/11/2015Referred to Committee on Finance
02/13/2015Impact statement from TAX (HB1766)
02/17/2015Reported from Finance (13-Y 0-N) (see vote tally)
02/18/2015Constitutional reading dispensed (38-Y 0-N) (see vote tally)
02/19/2015Read third time
02/19/2015Passed Senate (38-Y 0-N) (see vote tally)
02/24/2015Enrolled
02/24/2015Bill text as passed House and Senate (HB1766ER)
02/25/2015Signed by Speaker
02/26/2015G Governor's Action Deadline Midnight, Monday, March 30, 2015
02/26/2015Signed by President
02/26/2015Enrolled Bill communicated to Governor on 2/26/15
02/26/2015G Governor's Action Deadline Midnight, Sunday, March 29, 2015
03/02/2015Impact statement from TAX (HB1766ER)
03/17/2015G Approved by Governor-Chapter 234 (effective 7/1/15)
03/17/2015G Acts of Assembly Chapter text (CHAP0234)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 1 minute.