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2014 SESSION

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HB 224 Real estate; criteria for tansferring certain delinquent taxes.

Introduced by: Delores L. McQuinn | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Real estate with delinquent taxes. Changes the criteria for transferring certain tax-delinquent real property to localities through a special commissioner in the Cities of Norfolk, Richmond, Hopewell, Newport News, Petersburg, and Hampton by reducing the percentage of taxes and liens from exceeding 35 percent to 20 percent and of taxes alone from 15 percent to 10 percent, respectively, and including parcels with an assessed value of $100,000 or less.


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