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.

2008 SESSION

• | print version

SB 174 Real estate tax; classification of certain energy-efficient buildings.

Introduced by: Harry B. Blevins | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED SENATE:

Classification of real property; energy-efficient buildings.  Expands the definition of energy-efficient buildings that localities may treat as a separate class of property for tax rate purposes.

SUMMARY AS INTRODUCED:

Classification of real property; energy-efficient buildings.  Provides that energy-efficient buildings that meet performance guidelines or standards under the Leadership in Energy and Environmental Design (LEED) Green Building Rating System, EarthCraft House program, or Energy Star program may be classified as a separate class of real property for tax purposes. Certification of energy-efficiency would be determined by a certification issued under any one of the programs or a determination by an engineer designated by the locality that the building meets or exceeds the performance guidelines or standards under any one of the three programs.

Under current law, buildings that exceed the energy efficiency standards prescribed in the Virginia Uniform Statewide Building Code by at least 30 percent are deemed energy-efficient buildings, and the certification of energy efficiency is performed by an engineer or contractor that is not related to the taxpayer.