Real property tax; assessment cycles by counties. (SB77)

Introduced By

Sen. Tommy Norment (R-Williamsburg) with support from co-patron Sen. John Cosgrove (R-Chesapeake)

Progress

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

Description

Real property tax; reassessment cycles. Authorizes counties to conduct a general reassessment of real estate every three years if determined by majority vote of a county's board of supervisors. Current law requires counties to conduct a general reassessment every four years, with exceptions authorized for specified counties. This bill is identical to HB 951. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/05/2022Prefiled and ordered printed; offered 01/12/22 22102631D
01/05/2022Referred to Committee on Finance and Appropriations
01/18/2022Impact statement from TAX (SB77)
01/19/2022Reported from Finance and Appropriations (16-Y 0-N) (see vote tally)
01/20/2022Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/21/2022Read second time and engrossed
01/24/2022Read third time and passed Senate (29-Y 11-N) (see vote tally)
02/22/2022Placed on Calendar
02/22/2022Read first time
02/22/2022Referred to Committee on Finance
02/28/2022Subcommittee recommends reporting (6-Y 1-N)
02/28/2022Reported from Finance (18-Y 3-N) (see vote tally)
03/01/2022Read second time
03/02/2022Read third time
03/02/2022Passed House (92-Y 8-N)
03/02/2022VOTE: Passage (92-Y 8-N) (see vote tally)
03/07/2022Enrolled
03/07/2022Bill text as passed Senate and House (SB77ER)
03/08/2022Impact statement from TAX (SB77ER)
03/08/2022Signed by President
03/08/2022Signed by Speaker
03/22/2022Enrolled Bill Communicated to Governor on March 22, 2022
03/22/2022G Governor's Action Deadline 11:59 p.m., April 11, 2022
04/11/2022G Approved by Governor-Chapter 362 (effective 7/1/22)
04/11/2022G Acts of Assembly Chapter text (CHAP0362)

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