VA HB922 | 2012 | Regular Session
Status
Completed Legislative Action
March 6 2012 - Governor: Acts of Assembly Chapter text (CHAP0075)
Text: Latest bill text (Chaptered) [HTML]
March 6 2012 - Governor: Acts of Assembly Chapter text (CHAP0075)
Text: Latest bill text (Chaptered) [HTML]
Summary
Real property tax exemption for disabled veterans. Provides that the tax exemption for the primary residence of a disabled veteran, a disabled veteran and his spouse, or a surviving spouse of a disabled veteran includes real property (i) held in a revocable inter vivos trust over which the veteran, the veteran and his spouse, or the surviving spouse hold the power of revocation; (ii) held in an irrevocable trust under which a veteran alone or in conjunction with his spouse possesses a life estate or an estate for joint lives, or enjoys a continuing right of use or support; or (iii) held by a veteran alone or in conjunction with his spouse as tenant or tenants for life or joint lives. The bill also provides that the exemption for the surviving spouse of a disabled veteran includes property held in any of these ways. Finally, the bill establishes a formula for pro rating the amount of the exemption in the event there are owners in addition to the disabled veteran.
Title
Real estate tax; exemption for disabled veterans.
Sponsors
Roll Calls
2012-02-17 - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0) [PASS]
2012-02-16 - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1) [PASS]
2012-02-15 - Senate: Reported from Finance (15-Y 0-N) (Y: 15 N: 0 NV: 0) [PASS]
2012-01-27 - House: VOTE: PASSAGE (98-Y 0-N) (Y: 100 N: 0 NV: 2) [PASS]
2012-01-23 - House: Reported from Courts of Justice (17-Y 0-N) (Y: 18 N: 0 NV: 0) [PASS]
2012-01-18 - House: Subcommittee recommends reporting (9-Y 0-N) (Y: 9 N: 0 NV: 0) [PASS]
2012-02-16 - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1) [PASS]
2012-02-15 - Senate: Reported from Finance (15-Y 0-N) (Y: 15 N: 0 NV: 0) [PASS]
2012-01-27 - House: VOTE: PASSAGE (98-Y 0-N) (Y: 100 N: 0 NV: 2) [PASS]
2012-01-23 - House: Reported from Courts of Justice (17-Y 0-N) (Y: 18 N: 0 NV: 0) [PASS]
2012-01-18 - House: Subcommittee recommends reporting (9-Y 0-N) (Y: 9 N: 0 NV: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2012-03-06 | Governor: Acts of Assembly Chapter text (CHAP0075) | |
| 2012-03-06 | Governor: Approved by Governor-Chapter 75 (effective 7/1/12) | |
| 2012-02-22 | Senate: Signed by President | |
| 2012-02-21 | House: Signed by Speaker | |
| 2012-02-21 | House: Bill text as passed House and Senate (HB922ER) | |
| 2012-02-21 | House: Enrolled | |
| 2012-02-17 | Senate: Passed Senate (40-Y 0-N) | |
| 2012-02-17 | Senate: Read third time | |
| 2012-02-16 | Senate: Constitutional reading dispensed (39-Y 0-N) | |
| 2012-02-15 | Senate: Reported from Finance (15-Y 0-N) | |
| 2012-01-30 | Senate: Referred to Committee on Finance | |
| 2012-01-30 | Senate: Constitutional reading dispensed | |
| 2012-01-27 | House: VOTE: PASSAGE (98-Y 0-N) | |
| 2012-01-27 | House: Read third time and passed House (98-Y 0-N) | |
| 2012-01-26 | House: Read second time and engrossed | |
| 2012-01-25 | House: Read first time | |
| 2012-01-23 | House: Reported from Courts of Justice (17-Y 0-N) | |
| 2012-01-18 | House: Subcommittee recommends reporting (9-Y 0-N) | |
| 2012-01-17 | House: Assigned Courts sub: #2 Civil | |
| 2012-01-11 | House: Referred to Committee for Courts of Justice | |
| 2012-01-11 | House: Prefiled and ordered printed; offered 01/11/12 12103936D |
Same As/Similar To
SB540 (Same As) 2012-03-13 - Governor: Acts of Assembly Chapter text (CHAP0263)
