VA HB2575 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2019 - 25% progression, died in committee
Action: 2019-02-05 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Additional real property tax on commercial and industrial property in certain localities. Authorizes counties and cities in Planning District 3, 4, 5, 6, or 7 to impose an additional real estate tax on commercial and industrial property at a rate of up to $0.10 per $100 of assessed value. Any revenue raised from such tax would be required to be used to pay for transportation costs. Under current law, only localities within the Northern Virginia Transportation Authority or the Hampton Roads metropolitan planning area are authorized to impose such tax. The bill contains technical amendments.

Tracking Information

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Title

Commercial and industrial property; additional real property tax in certain localities.

Sponsors


Roll Calls

2019-01-23 - House - House: Subcommittee recommends laying on the table (8-Y 0-N) (Y: 8 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2019-02-05HouseLeft in Finance
2019-01-23HouseSubcommittee recommends laying on the table (8-Y 0-N)
2019-01-18HouseAssigned Finance sub: Subcommittee #2
2019-01-09HouseReferred to Committee on Finance
2019-01-09HousePrefiled and ordered printed; offered 01/09/19 19102326D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
5813221.3(n/a)See Bill Text

Virginia State Sources


Bill Comments

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