Land preservation; special assessment, optional limit on annual increase in assessed value. (HB2365)

Introduced By

Del. Barry Knight (R-Virginia Beach)

Progress

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

Description

Special assessment for land preservation; optional limit on annual increase in assessed value. Authorizes localities that require use value assessment and taxation to provide by ordinance that the annual increase in the assessed value of eligible property shall not exceed a specified dollar amount. Amends § 58.1-3231, of the Code of Virginia. Read the Bill »

Status

01/16/2019: Awaiting a Vote in the Finance Committee

History

DateAction
01/08/2019Committee
01/08/2019Prefiled and ordered printed; offered 01/09/19 19100985D
01/08/2019Referred to Committee on Finance
01/15/2019Assigned Finance sub: Subcommittee #2
01/16/2019Subcommittee recommends reporting with amendment (8-Y 0-N)

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