SEARCH SITE
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
SB 1015 Real estate tax; use value assessment and taxation.
Introduced by: W. Roscoe Reynolds | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Real estate tax; use value assessment and taxation. Provides that local governments by ordinance may limit use value assessment and taxation to owners of real estate having a minimum percentage of their total income derived from the real estate for which use value assessment is to apply. Such minimum percentage shall not exceed 20 percent of total income.
FULL TEXT
HISTORY
- 01/08/03 Senate: Presented & ordered printed, prefiled 01/08/03 039036524
- 01/08/03 Senate: Referred to Committee on Finance
- 01/14/03 Senate: Passed by indefinitely in Finance (14-Y 1-N)