Real property tax; nonjudicial sale of tax delinquent property. (HB1909)

Introduced By

Del. Joseph Yost (R-Blacksburg)

Progress

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

Description

Real property tax; nonjudicial sale of tax delinquent property. Permits the nonjudicial sale of unimproved real property valued at less than $5,000 if taxes are delinquent for at least three years. The bill also permits the nonjudicial sale of real property valued at no less than $5,000 but no greater than $20,000 (or $50,000 at the locality's option) if taxes are delinquent for at least three years and the property (i) is unimproved and measures less than 4,000 square feet; (ii) is unimproved and has been determined to be unsuitable for building (the bill expands the bases on which unsuitability may rest); (iii) has a structure on it that has been condemned by the local building official; (iv) has been declared a nuisance by the locality; (v) contains a derelict building; or (vi) has been declared to be blighted by the locality. The bill also modifies current law regarding notice of the sale, redemption of the property, and application of surplus proceeds. Current law permits the nonjudicial sale of unimproved real property valued at less than $10,000 if taxes are delinquent for at least three years and the property (a) measures less than 4,000 square feet or (b) has been determined to be unsuitable for building. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/10/2017Committee
01/10/2017Prefiled and ordered printed; offered 01/11/17 17101474D
01/10/2017Referred to Committee on Finance
01/20/2017Assigned Finance sub: Subcommittee #1
01/23/2017Impact statement from TAX (HB1909)
02/01/2017Subcommittee recommends reporting with amendments (8-Y 1-N)
02/01/2017Reported from Finance with amendments (19-Y 3-N) (see vote tally)
02/03/2017Read first time
02/06/2017Read second time
02/06/2017Committee amendments agreed to
02/06/2017Engrossed by House as amended HB1909E
02/06/2017Printed as engrossed 17101474D-E
02/07/2017Read third time and passed House (82-Y 15-N)
02/07/2017VOTE: PASSAGE (82-Y 15-N) (see vote tally)
02/08/2017Constitutional reading dispensed
02/08/2017Referred to Committee on Finance
02/08/2017Impact statement from TAX (HB1909E)
02/14/2017Reported from Finance (13-Y 0-N) (see vote tally)
02/15/2017Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/16/2017Read third time
02/16/2017Passed Senate (39-Y 0-N) (see vote tally)
02/16/2017Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) (see vote tally)
02/16/2017Passed Senate (40-Y 0-N) (see vote tally)
02/20/2017Enrolled
02/20/2017Bill text as passed House and Senate (HB1909ER)
02/20/2017Signed by Speaker
02/21/2017Signed by President
02/21/2017Enrolled Bill communicated to Governor on 2/21/17
02/21/2017G Governor's Action Deadline Midnight, March 27, 2017
02/22/2017Impact statement from TAX (HB1909ER)
03/13/2017G Approved by Governor-Chapter 437 (effective 7/1/17)
03/13/2017G Acts of Assembly Chapter text (CHAP0437)