Land bank ordinances; disposition. (HB298)

Introduced By

Del. Sam Rasoul (D-Roanoke) with support from co-patron Del. Betsy Carr (D-Richmond)

Progress

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

Description

Delinquent tax lands; disposition. Authorizes localities to petition the circuit court to appoint a special commissioner to, in lieu of a sale at public auction, convey certain real estate having delinquent taxes or liens to the locality's land bank entity or an existing nonprofit entity designated by the locality to carry out the functions of a land bank entity. Currently, such real estate may be conveyed only to the locality itself. The bill also allows real estate that contains a derelict building and has delinquent taxes and liens exceeding 10 percent of its assessed value to be conveyed via special commissioner, in lieu of a sale at public auction, to the locality, the locality's land bank entity, or such existing nonprofit entity. The bill requires a land bank entity or existing nonprofit entity that receives such parcels to pay any surplusage above the amount of unpaid taxes or liens to the former owners or other parties with an interest in the property. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/11/2022Committee
01/11/2022Prefiled and ordered printed; offered 01/12/22 22100638D
01/11/2022Referred to Committee on Finance
01/19/2022Assigned Finance sub: Subcommittee #2
01/20/2022Impact statement from TAX (HB298)
01/31/2022House subcommittee amendments and substitutes offered
01/31/2022Subcommittee recommends reporting with substitute (8-Y 1-N)
02/02/2022Committee substitute printed 22105438D-H1
02/02/2022Reported from Finance with substitute (19-Y 2-N) (see vote tally)
02/04/2022Read first time
02/07/2022Passed by for the day
02/08/2022Read second time
02/08/2022Committee substitute agreed to 22105438D-H1
02/08/2022Engrossed by House - committee substitute HB298H1
02/09/2022Read third time and passed House (81-Y 18-N)
02/09/2022VOTE: Passage (81-Y 18-N) (see vote tally)
02/10/2022Constitutional reading dispensed
02/10/2022Referred to Committee on Finance and Appropriations
02/14/2022Impact statement from TAX (HB298H1)
02/15/2022Reported from Finance and Appropriations (16-Y 0-N) (see vote tally)
02/16/2022Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/17/2022Read third time
02/17/2022Passed Senate (38-Y 2-N) (see vote tally)
02/21/2022Enrolled
02/21/2022Bill text as passed House and Senate (HB298ER)
02/21/2022Impact statement from TAX (HB298ER)
02/21/2022Signed by President
02/22/2022Signed by Speaker
02/24/2022Enrolled Bill communicated to Governor on February 24, 2022
02/24/2022G Governor's Action Deadline 11:59 p.m., March 3, 2022
03/03/2022Governor's recommendation received by House
03/07/2022Communicated to Governor
03/07/2022Placed on Calendar
03/07/2022House concurred in Governor's recommendation (79-Y 18-N)
03/07/2022VOTE: Adoption (79-Y 18-N) (see vote tally)
03/08/2022Senate concurred in Governor's recommendation (39-Y 0-N) (see vote tally)
03/08/2022G Governor's recommendation adopted
03/08/2022Reenrolled
03/08/2022Reenrolled bill text (HB298ER2)
03/08/2022Signed by Speaker as reenrolled
03/08/2022Signed by President as reenrolled
03/08/2022G Approved by Governor-Chapter 15 (effective 7/1/22)
03/08/2022G Acts of Assembly Chapter text (CHAP0015)