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2011 SESSION

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HB 1851 Real property tax; classification of certain historical buildings.

Introduced by: Christopher P. Stolle | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Real property tax; classification of certain historical buildings.  Creates a separate class of property for real property tax rate purposes, consisting of buildings that are on the Virginia Landmarks Register that are maintained in proper condition, permitting localities to impose a lower tax rate than that imposed on other types of real property.

SUMMARY AS INTRODUCED:

Real property tax; classification of certain historical buildings.  Creates a separate class of property for real property tax rate purposes, consisting of buildings that are on the Virginia Landmarks Register, permitting localities to impose a lower tax rate than that imposed on other types of real property.