VA HB1446 | 2025 | Regular Session
Note: Carry Over of previous HB1446
Status
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 18 2024 - 25% progression
Action: 2024-02-07 - Continued to 2025 with substitute in Finance (12-Y 9-N)
Pending: House Finance Committee
Text: Latest bill text (Comm Sub) [HTML]
Status: Introduced on January 18 2024 - 25% progression
Action: 2024-02-07 - Continued to 2025 with substitute in Finance (12-Y 9-N)
Pending: House Finance Committee
Text: Latest bill text (Comm Sub) [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
2024-02-07 - House - House: Continued to 2025 with substitute in Finance (12-Y 9-N) (Y: 12 N: 9 NV: 0 Abs: 1) [PASS]
2024-02-06 - House - House: Subcommittee recommends reporting with substitute (6-Y 2-N) (Y: 6 N: 2 NV: 0 Abs: 1) [PASS]
2024-02-06 - House - House: Subcommittee recommends reporting with substitute (6-Y 2-N) (Y: 6 N: 2 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-07 | House | Continued to 2025 with substitute in Finance (12-Y 9-N) |
| 2024-02-07 | House | Committee substitute posted to LIS only 24107217D-H1 |
| 2024-02-06 | House | Subcommittee recommends reporting with substitute (6-Y 2-N) |
| 2024-02-02 | House | Assigned Finance sub: Subcommittee #2 |
| 2024-01-18 | House | Referred to Committee on Finance |
| 2024-01-18 | House | Presented and ordered printed 24104281D |
Same As/Similar To
HB1446 (Carry Over) 2024-02-07 - Continued to 2025 with substitute in Finance (12-Y 9-N)
