Land bank entities; real property tax exemption for certain leasehold interests. (HB591)
Introduced By
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Land bank entities; real property tax exemption for certain leasehold interests. Exempts from real property taxation leasehold interests in property acquired or used by a land bank entity. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/08/2018 | Committee |
01/08/2018 | Prefiled and ordered printed; offered 01/10/18 18100279D |
01/08/2018 | Referred to Committee on Finance |
01/16/2018 | Impact statement from TAX (HB591) |
01/16/2018 | Assigned Finance sub: Subcommittee #1 |
01/22/2018 | Referred from Finance |
01/22/2018 | Referred to Committee on Counties, Cities and Towns |
01/29/2018 | Assigned CC & T sub: Subcommittee #2 |
01/31/2018 | Subcommittee recommends reporting (8-Y 0-N) |
02/02/2018 | Reported from Counties, Cities and Towns (22-Y 0-N) (see vote tally) |
02/06/2018 | Read first time |
02/07/2018 | Read second time and engrossed |
02/08/2018 | Read third time and passed House BLOCK VOTE (99-Y 0-N) |
02/08/2018 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
02/09/2018 | Constitutional reading dispensed |
02/09/2018 | Referred to Committee on Finance |
02/19/2018 | Impact statement from TAX (HB591) |
02/21/2018 | Reported from Finance (15-Y 1-N) (see vote tally) |
02/22/2018 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/23/2018 | Passed by for the day |
02/26/2018 | Read third time |
02/26/2018 | Passed Senate (38-Y 2-N) (see vote tally) |
02/28/2018 | Enrolled |
02/28/2018 | Bill text as passed House and Senate (HB591ER) |
02/28/2018 | Signed by Speaker |
03/02/2018 | Impact statement from TAX (HB591ER) |
03/03/2018 | Signed by President |
03/06/2018 | Enrolled Bill communicated to Governor on March 6, 2018 |
03/06/2018 | G Governor's Action Deadline Midnight, April 9, 2018 |
03/23/2018 | G Approved by Governor-Chapter 437 (effective 7/1/18) |
03/23/2018 | G Acts of Assembly Chapter text (CHAP0437) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 32 seconds.
Transcript
This is a transcript of the video clips in which this bill is discussed.
city, delegate carr. thank you, Mr. Speaker. House bill 591 continues work we have done on the land bank act and addresses a concern regarding costs by allowing the land bank to hold on to the land at a lower cost until they begin elhaving the property. I move we engross the bill and pass it on to its third reading. turning to page 18 of the printed calendar. House bill 592, a bill to amend and reenact a section of the code of virginia, relating to land bank entities; acquisition of real property. Reported from committee on