Virginia House Bill 1501 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 19 2024 - 25% progression, died in committee
Action: 2024-02-13 - Left in Counties, Cities and Towns
Pending: House Counties, Cities and Towns Committee
Text: Latest bill text (Introduced) [HTML]

Cash proffers; development rights. Provides that cash payments proffered pursuant to § 15.2-2298, 15.2-2303, or 15.2-2303.1 may be used for the purpose of extinguishing development rights elsewhere in the locality if the development rights to be extinguished are greater than the development rights being granted and the extinguishing of those development rights results in a perpetual conservation easement. The bill also provides that cash payments proffered may be used to seek matching funds from the Virginia Land Conservation Foundation and the Virginia Farmland Preservation Fund.

Cash proffers; development rights.

Del. Paul Milde [R]

Date	Chamber	Action
2024-02-13	House	Left in Counties, Cities and Towns
2024-01-23	House	Assigned CC & T sub: Subcommittee #2
2024-01-19	House	Referred to Committee on Counties, Cities and Towns
2024-01-19	House	Presented and ordered printed 24105576D

Chapter	Article	Section	Citation Type	Statute Text
15	2	2303.2	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB1501
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB1501+hil
Amendment	https://committees.lis.virginia.gov/pdfs/drafts/24106012A.pdf
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB1501F122+PDF