VA HB1380 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 16 2024 - 25% progression, died in committee
Action: 2024-02-13 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 16 2024 - 25% progression, died in committee
Action: 2024-02-13 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Real property tax; assessment of real property used for affordable housing. Requires the duly authorized real estate assessor of a locality to appraise affordable rental housing in accordance with the income approach, as described by the bill. The bill provides that, should the duly authorized real estate assessor fail to follow generally accepted appraisal practices, the assessment will not be entitled to a presumption of correctness, and if the owner then successfully appeals such assessment, the locality shall reimburse the owner for attorney fees and costs incurred.
Title
Real property tax; assessment of real property used for affordable housing.
Sponsors
Roll Calls
2024-01-30 - House - House: Subcommittee recommends striking from docket (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-13 | House | Left in Finance |
| 2024-01-30 | House | Subcommittee recommends striking from docket (8-Y 0-N) |
| 2024-01-25 | House | Assigned Finance sub: Subcommittee #2 |
| 2024-01-16 | House | Referred to Committee on Finance |
| 2024-01-16 | House | Presented and ordered printed 24102768D |
Same As/Similar To
HB1446 (Similar To) 2024-02-07 - Continued to 2025 with substitute in Finance (12-Y 9-N)
