VA HB535 | 2020 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 10 2020 - 100% progression
Action: 2020-03-10 - Governor: Acts of Assembly Chapter text (CHAP0244)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 10 2020 - 100% progression
Action: 2020-03-10 - Governor: Acts of Assembly Chapter text (CHAP0244)
Text: Latest bill text (Chaptered) [HTML]
Summary
Real estate with delinquent taxes or liens; sales by nonprofit organizations. Provides that a nonprofit organization that acquires real estate with delinquent taxes or liens pursuant to the appointment of a special commissioner may sell to eligible purchasers either (i) both the land and structural improvements on a property or (ii) only the structural improvements of a property, without the land. The bill provides that a sale of only the structural improvements is permissible only if (a) the improvements are subject to a long-term ground lease with a community land trust and (b) the community land trust retains a preemptive option to purchase such improvements at a price determined by a formula that ensures that the improvements remain affordable in perpetuity to low-income and moderate-income families.
Title
Real estate with delinquent taxes or liens; sales by nonprofit organizations.
Sponsors
Del. Betsy Carr [D] |
Roll Calls
2020-02-20 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-19 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2020-02-18 - Senate - Senate: Reported from Finance and Appropriations (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2020-01-28 - House - House: VOTE: Passage (82-Y 17-N) (Y: 82 N: 17 NV: 1 Abs: 0) [PASS]
2020-01-22 - House - House: Reported from Finance (18-Y 4-N) (Y: 18 N: 4 NV: 0 Abs: 0) [PASS]
2020-01-20 - House - House: Subcommittee recommends reporting (7-Y 2-N) (Y: 7 N: 2 NV: 2 Abs: 0) [PASS]
2020-02-19 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2020-02-18 - Senate - Senate: Reported from Finance and Appropriations (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2020-01-28 - House - House: VOTE: Passage (82-Y 17-N) (Y: 82 N: 17 NV: 1 Abs: 0) [PASS]
2020-01-22 - House - House: Reported from Finance (18-Y 4-N) (Y: 18 N: 4 NV: 0 Abs: 0) [PASS]
2020-01-20 - House - House: Subcommittee recommends reporting (7-Y 2-N) (Y: 7 N: 2 NV: 2 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2020-03-10 | Governor: Acts of Assembly Chapter text (CHAP0244) | |
2020-03-10 | Governor: Approved by Governor-Chapter 244 (effective 7/1/20) | |
2020-03-03 | Governor: Governor's Action Deadline 11:59 p.m., March 10, 2020 | |
2020-03-03 | House | Enrolled Bill communicated to Governor on March 3, 2020 |
2020-02-26 | Senate | Signed by President |
2020-02-25 | House | Signed by Speaker |
2020-02-25 | House | Bill text as passed House and Senate (HB535ER) |
2020-02-25 | House | Enrolled |
2020-02-20 | Senate | Passed Senate (40-Y 0-N) |
2020-02-20 | Senate | Read third time |
2020-02-19 | Senate | Constitutional reading dispensed (39-Y 0-N) |
2020-02-18 | Senate | Reported from Finance and Appropriations (15-Y 0-N) |
2020-01-29 | Senate | Referred to Committee on Finance and Appropriations |
2020-01-29 | Senate | Constitutional reading dispensed |
2020-01-28 | House | VOTE: Passage (82-Y 17-N) |
2020-01-28 | House | Read third time and passed House (82-Y 17-N) |
2020-01-27 | House | Read second time and engrossed |
2020-01-24 | House | Read first time |
2020-01-22 | House | Reported from Finance (18-Y 4-N) |
2020-01-20 | House | Subcommittee recommends reporting (7-Y 2-N) |
2020-01-14 | House | Assigned Finance sub: Subcommittee #2 |
2020-01-05 | House | Referred to Committee on Finance |
2020-01-05 | House | Prefiled and ordered printed; offered 01/08/20 20100584D |