Real property tax; exemptions for military members and their surviving spouses. (HB421)

Introduced By

Del. Gordon Helsel (R-Poquoson)

Progress

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

Description

Real property tax exemptions; military members and their surviving spouses. Extends the property tax exemptions for the principle residences of certain disabled veterans and surviving spouses of members of the armed forces killed in action to include real property improvements made to the land surrounding such residences so long as the principle use of the improvement is for other than a business purpose. Article X, Section 6-A of the Constitution of Virginia exempts from local real property taxes the principle residences of (i) veterans with a 100 percent service-connected, permanent, and total disability and (ii) surviving spouses of members of the armed forces killed in action. Under the Code of Virginia, in general, up to one acre upon which the principle residence is situated is also exempt from local property taxes. This bill extends the exemption to other improvements made to such one acre so long as the principle use of the improvement is for other than a business purpose. The provisions of the bill are effective for tax years beginning on or after January 1, 2017. Amends § 58.1-3219.5, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/07/2016Committee
01/07/2016Prefiled and ordered printed; offered 01/13/16 16101333D
01/07/2016Referred to Committee on Finance
01/17/2016Impact statement from TAX (HB421)
02/02/2016Assigned to sub: Subcommittee #2
02/02/2016Assigned Finance sub: Subcommittee #2
02/03/2016Subcommittee recommends reporting with amendment(s) (9-Y 0-N)
02/08/2016Reported from Finance with substitute (22-Y 0-N) (see vote tally)
02/08/2016Committee substitute printed 16104779D-H1
02/09/2016Read first time
02/10/2016Read second time
02/10/2016Committee substitute agreed to 16104779D-H1
02/10/2016Engrossed by House - committee substitute HB421H1
02/11/2016Read third time and passed House BLOCK VOTE (97-Y 0-N)
02/11/2016VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally)
02/12/2016Constitutional reading dispensed
02/12/2016Referred to Committee on Finance
02/19/2016Impact statement from TAX (HB421H1)
02/24/2016Reported from Finance (14-Y 0-N) (see vote tally)
02/25/2016Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/26/2016Read third time
02/26/2016Passed Senate (39-Y 0-N) (see vote tally)
03/01/2016Enrolled
03/01/2016Bill text as passed House and Senate (HB421ER)
03/01/2016Signed by Speaker
03/02/2016Impact statement from TAX (HB421ER)
03/04/2016Signed by President
03/07/2016G Governor's Action Deadline Midnight, Monday, April 11, 2016
03/07/2016Enrolled Bill communicated to Governor on 3/7/2016
03/07/2016G Governor's Action Deadline Midnight, Sunday, April 10, 2016
03/25/2016G Approved by Governor-Chapter 485 (effective 1/1/17)
03/25/2016G Acts of Assembly Chapter text (CHAP0485)