Impact fees; residential development. (HB1564)
Introduced By
Del. Mark Cole (R-Fredericksburg)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Impact fees; residential development. Authorizes any locality to impose impact fees on certain residential developments in order to defray the costs of constructing public facilities necessitated by those developments. Under current law, such impact fees may be imposed only by those localities that have established urban transportation service districts. The amount of the impact fee shall not exceed five percent of the sales price of the residential property, five percent of the assessed value of the property in the event that the property is transferred without a sale, or $10,000, whichever is less. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/13/2020 | Presented and ordered printed 20104890D |
01/13/2020 | Referred to Committee on Counties, Cities and Towns |
01/21/2020 | Impact statement from DHCD/CLG (HB1564) |
01/21/2020 | Assigned CC & T sub: Land Use |
02/11/2020 | Left in Counties, Cities and Towns |