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2011 SESSION

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SB 1073 Real estate tax relief; for the elderly and permanently and totally disabled.

Introduced by: George L. Barker | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Real estate tax relief for the elderly and permanently and totally disabled.  Authorizes local governments to establish annual income or financial worth limitations as a condition of eligibility for real property tax relief for the elderly and permanently and totally disabled. The bill implements the amendment to Article X, Section 6 (b) of the Constitution of Virginia that limits the General Assembly's ability to establish the limitations and allows the General Assembly to authorize local governments to establish the limitations.

The bill contains an emergency clause.


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