VA SJR69 | 2011 | Regular Session

Status

Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on January 12 2010 - 25% progression, died in committee
Action: 2010-12-02 - Senate: Left in Privileges and Elections
Pending: Senate Privileges and Elections Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Constitutional amendment (first resolution); property taxes; relief for certain businesses. Allows the General Assembly to authorize localities to exempt in whole or in part from property taxes (i) the property of a business that is new to the Commonwealth so long as the locality is defined by law to have the capacity to accept the expansion and (ii) the property of a business located in the Commonwealth so long as the business is presently located in an area defined by law as lacking the capacity to accommodate business expansion and so long as the locality granting the exemption is defined by law to have the capacity to accommodate the expansion. The General Assembly is required to provide definitions, restrictions, and conditions to implement this authorization and to limit the duration of the tax relief to three years.

Tracking Information

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Title

Constitutional amendment; property tax relief for certain businesses.

Sponsors


Roll Calls

2010-01-19 - Senate - Senate: Continued to 2011 in Privileges and Elections (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2010-12-02 Senate: Left in Privileges and Elections
2010-01-19 Senate: Continued to 2011 in Privileges and Elections (15-Y 0-N)
2010-01-12 Senate: Referred to Committee on Privileges and Elections
2010-01-12 Senate: Prefiled and ordered printed; offered 01/13/10 10101459D

Subjects


Virginia State Sources


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