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]

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.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Real estate with delinquent taxes or liens; sales by nonprofit organizations.

Sponsors


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]

History

DateChamberAction
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
2020-03-03HouseEnrolled Bill communicated to Governor on March 3, 2020
2020-02-26SenateSigned by President
2020-02-25HouseSigned by Speaker
2020-02-25HouseBill text as passed House and Senate (HB535ER)
2020-02-25HouseEnrolled
2020-02-20SenatePassed Senate (40-Y 0-N)
2020-02-20SenateRead third time
2020-02-19SenateConstitutional reading dispensed (39-Y 0-N)
2020-02-18SenateReported from Finance and Appropriations (15-Y 0-N)
2020-01-29SenateReferred to Committee on Finance and Appropriations
2020-01-29SenateConstitutional reading dispensed
2020-01-28HouseVOTE: Passage (82-Y 17-N)
2020-01-28HouseRead third time and passed House (82-Y 17-N)
2020-01-27HouseRead second time and engrossed
2020-01-24HouseRead first time
2020-01-22HouseReported from Finance (18-Y 4-N)
2020-01-20HouseSubcommittee recommends reporting (7-Y 2-N)
2020-01-14HouseAssigned Finance sub: Subcommittee #2
2020-01-05HouseReferred to Committee on Finance
2020-01-05HousePrefiled and ordered printed; offered 01/08/20 20100584D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
5813970.1(n/a)See Bill Text

Virginia State Sources


Bill Comments

feedback