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2008 SESSION

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081745272
SENATE BILL NO. 792 Offered January 25, 2008 A BILL to grant certain real estate tax credit. ---------- Patron-- McDougle ---------- Unanimous consent to introduce ---------- Referred to Committee on Finance ----------

Be it enacted by the General Assembly of Virginia:

1.  § 1 That any purchaser of property belonging to the Commonwealth of Virginia, or an agency thereof, shall be entitled to a tax credit for real estate taxes paid prior to acquisition of such property if such real estate taxes were paid in satisfaction of an assessment by a locality, which included all or part of the property owned by the Commonwealth.