VA HB1164 | 2022 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 14 2022 - 25% progression
Action: 2022-01-14 - Committee Referral Pending
Text: Latest bill text (Introduced) [HTML]

Summary

Composite index of local ability-to-pay; use value of real estate in certain localities. Requires, for the purpose of determining the state and local shares of basic aid funding, that the composite index of local ability-to-pay utilize the use value of all applicable real estate (i) devoted to agricultural use, horticultural use, forest use, and open-space use in each locality that has adopted an ordinance by which it provides for the use valuation and taxation of such real estate and (ii) used in agricultural and forestal production within an agricultural district, forestal district, agricultural and forestal district, or agricultural and forestal district of local significance in each locality that provides for the use valuation and taxation of such real estate, regardless of whether it has adopted a local land-use plan or local ordinance for such valuation and taxation.

Tracking Information

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Title

Composite index of local ability-to-pay; use value of real estate in certain localities.

Sponsors


History

DateChamberAction
2022-01-14HouseCommittee Referral Pending
2022-01-14HousePresented and ordered printed 22101307D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
22198.3(n/a)See Bill Text

Virginia State Sources


Bill Comments

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