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2000 SESSION
HB 545 Tangible personal property tax; classification for valuation purposes.
Introduced by: Robert G. Marshall | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Tangible personal property tax; classification for valuation purposes. Provides that the basis for tangible personal property tax on automobiles shall not exceed the purchase price, less applicable depreciation percentages, for a taxpayer who purchases an automobile from a Virginia motor vehicle dealer in an arm's length transaction.
FULL TEXT
HISTORY
- 01/19/00 House: Presented & ordered printed 008857824
- 01/19/00 House: Referred to Committee on Finance
- 01/24/00 House: Assigned to Finance sub-committee: 1
- 02/06/00 House: Passed by indefinitely in Finance (23-Y 0-N)