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; assessment 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. Read the Bill »

Status

01/24/2022: Passed the Senate

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)

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