VA HB875 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2024 - 25% progression, died in committee
Action: 2024-02-13 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Classification of tangible personal property; automobile assessment. Provides that, for so long as the Regulation for Low Emissions and Zero Emissions Vehicle Standards remains in effect, the fair market value of an automobile with an internal combustion engine shall be the assessed value of such automobile during tax year 2023 or the tax year in which such vehicle was purchased new, whichever is later.

Tracking Information

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Title

Tangible personal property; automobile assessment.

Sponsors


Roll Calls

2024-01-23 - House - House: Subcommittee recommends laying on the table (5-Y 3-N) (Y: 5 N: 3 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2024-02-13HouseLeft in Finance
2024-01-23HouseSubcommittee recommends laying on the table (5-Y 3-N)
2024-01-22HouseAssigned Finance sub: Subcommittee #2
2024-01-09HouseReferred to Committee on Finance
2024-01-09HousePrefiled and ordered printed; offered 01/10/24 24103244D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
5813503(n/a)See Bill Text

Virginia State Sources


Bill Comments

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