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2003 SESSION
HB 1646 Classification of land and improvements for tax purposes.
Introduced by: Robert G. Marshall | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Classification of land and improvements for tax purposes. Provides that in Prince William County improvements to real property are declared to be a separate class of property and shall constitute a separate classification for local taxation of real property. The County may levy a tax on such property at a different rate than the tax imposed upon the land on which it is located. This section, which currently applies only to the City of Fairfax, was enacted during the 2002 Session with a delayed effective date of July 1, 2003.
FULL TEXT
HISTORY
- 01/08/03 House: Presented & ordered printed, prefiled 12/30/02 031123824
- 01/08/03 House: Referred to Committee on Finance
- 01/20/03 House: Stricken at request of Patron in Finance (22-Y 0-N)