VA HB1520 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 8 2020 - 25% progression, died in committee
Action: 2020-02-11 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Real property tax; homestead tax relief. Permits a taxpayer to defer up to 95 percent of taxes on his homestead, defined in the bill, if the amount of real property tax on his homestead has increased by at least 25 percent since the date of purchase. The amount deferred must be paid upon transfer of the property or the owner's death.

Tracking Information

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Title

Real property tax; homestead tax relief.

Sponsors


Roll Calls

2020-01-27 - House - House: Subcommittee recommends striking from docket (10-Y 0-N) (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2020-02-11HouseLeft in Finance
2020-01-27HouseSubcommittee recommends striking from docket (10-Y 0-N)
2020-01-23HouseAssigned Finance sub: Subcommittee #2
2020-01-08HouseReferred to Committee on Finance
2020-01-08HousePresented and ordered printed 20105028D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
5813228.2(n/a)See Bill Text

Virginia State Sources


Bill Comments

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