Bill Text: VA HB374 | 2010 | Regular Session | Engrossed

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Cash proffers; collected or accepted by locality after completion of final inspection.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2010-04-11 - Governor: Acts of Assembly Chapter text (CHAP0549) [HB374 Detail]

Download: Virginia-2010-HB374-Engrossed.html

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10103416D
HOUSE BILL NO. 374 House Amendments in [ ] – January 26, 2010 A BILL to delay collection or acceptance of a cash proffer by a locality until issuance of a certificate of occupancy. ---------- Patron Prior to Engrossment--Delegate Cosgrove ---------- Referred to Committee on Counties, Cities and Towns ----------

Be it enacted by the General Assembly of Virginia:

1. §1. Notwithstanding the provisions of any cash proffer requested, offered, or accepted pursuant to §15.2-2298, 15.2-2303, or 15.2-2303.1 of the Code of Virginia for residential construction on a per-dwelling unit or per-home basis, [ no ] cash payment made pursuant to such a cash proffer shall be collected or accepted by any locality [ only after completion of the final inspection and ] prior to the time of the issuance of any certificate of occupancy for the subject property.

2. The provisions of this act shall expire on July 1, 2014.