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

DateAction
01/13/2020Presented and ordered printed 20104890D
01/13/2020Referred to Committee on Counties, Cities and Towns
01/21/2020Impact statement from DHCD/CLG (HB1564)
01/21/2020Assigned CC & T sub: Land Use
02/11/2020Left in Counties, Cities and Towns

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