Composite Index of Local Ability to Pay; DOE to study effect of local use value assessment (HJ50)

Introduced By

Del. Michael Webert (R-Marshall)

Progress

Introduced
Passed Committee
Passed House
Passed Senate

Description

Study; Department of Education; effect of local use value assessment of certain real estate on the Composite Index of Local Ability to Pay; report. Requests the Department of Education to (i) determine, for each of the 95 localities that have adopted ordinances to provide for the use value assessment and taxation of certain real estate, the use value of all applicable (a) real estate devoted to agricultural use, (b) real estate devoted to horticultural use, (c) real estate devoted to forest use, and (d) real estate devoted to open-space use, as those terms are defined in the Code of Virginia, and (ii) recalculate the Composite Index of Local Ability to Pay for each locality after taking into consideration such use values. Read the Bill »

Status

02/09/2016: Failed to Pass in Committee

History

DateAction
12/28/2015Committee
12/28/2015Prefiled and ordered printed; offered 01/13/16 16101687D
12/28/2015Referred to Committee on Rules
01/26/2016Assigned to sub: Studies
01/26/2016Assigned Rules sub: Studies
01/28/2016Subcommittee recommends reporting (3-Y 1-N)
02/09/2016Continued to 2017 in Rules