VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

2003 SESSION

• | print version

HB 1583 Real property tax; exemptions for elderly and handicapped persons.

Introduced by: Mark L. Cole | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Real property tax; exemptions for elderly and handicapped persons. Modifies the conditions under which localities may exempt or defer real property taxes of certain elderly and handicapped persons by (i) increasing the maximum combined net worth from $100,000 to $500,000; (ii) increasing the number of acres excluded from net worth from 1 acre to 10 acres; and (iii) increasing the maximum amount of income of a relative of the property owner living on the property that may be excluded from the maximum income calculation from $8,500 to $10,000.

FULL TEXT

• 01/08/03  House: Presented & ordered printed, prefiled 12/20/02 032285671  pdf | impact statement

HISTORY

• 01/08/03  House: Presented & ordered printed, prefiled 12/20/02 032285671
• 01/08/03  House: Referred to Committee on Finance
• 01/20/03  House: Passed by in Finance with letter (18-Y 4-N)