VA HB384 | 2024 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on January 8 2024 - 25% progression, died in committee
Action: 2024-02-13 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Tangible personal property tax; indoor agriculture equipment and machinery. Specifies that farm machinery, farm equipment, and farm implements used by an indoor, closed, controlled-environment commercial agricultural facility are a class of farm machinery and farm implements that a locality may exempt from personal property taxation.

Tracking Information

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Title

Tangible personal property tax; exemption for indoor agriculture equipment and machinery.

Sponsors


History

DateChamberAction
2024-02-13HouseLeft in Finance
2024-01-22HouseAssigned Finance sub: Subcommittee #2
2024-01-08HouseReferred to Committee on Finance
2024-01-08HousePrefiled and ordered printed; offered 01/10/24 24100712D

Same As/Similar To

HB1429 (Similar To) 2024-03-14 - Governor: Acts of Assembly Chapter text (CHAP0087)
SB483 (Similar To) 2024-03-14 - Governor: Acts of Assembly Chapter text (CHAP0088)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
5813505(n/a)See Bill Text

Virginia State Sources


Bill Comments

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