VA HB635 | 2008 | Regular Session
February 12 2008 - House: Left in Counties, Cities and Towns
Impact fees. Expands existing road impact fee provisions to include school improvements and extends the applicability of such provisions from localities that meet certain population and growth criteria to all localities. "Impact fee" is defined as a charge or assessment imposed against new development in order to generate revenue to fund or recover the costs of public facilities necessitated by and attributable to the new development. The value of any dedication, contribution, or construction from the developer for off-site road improvements and school facility improvements within the service area shall be treated as a credit against the impact fee.
Impact fees; expands existing road impact fee provisions to include school improvements, etc.
|2008-02-12||House: Left in Counties, Cities and Towns|
|2008-01-08||House: Referred to Committee on Counties, Cities and Towns|
|2008-01-08||House: Prefiled and ordered printed; offered 01/09/08 087037620|
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