Forest Sustainability Fund; created. (HB180)

Introduced By

Del. Rob Bloxom (R-Accomack)

Progress

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

Description

Land use valuation for real estate devoted to forest use; creation of Forest Sustainability Fund. Creates the Forest Sustainability Fund, to be administered by the State Forester. Localities that have adopted a use value assessment and taxation program for real estate devoted to forest use are eligible to apply for an allocation from the Fund. Awards are proportionally based upon the amount of revenue forgone in the previous fiscal year by localities due to the use value program. Read the Bill »

Status

01/19/2022: Awaiting a Vote in the Finance Committee

History

DateAction
01/10/2022Committee
01/10/2022Prefiled and ordered printed; offered 01/12/22 22102950D
01/10/2022Referred to Committee on Finance
01/19/2022Assigned Finance sub: Subcommittee #2

Duplicate Bills

The following bills are identical to this one: SB184.

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