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2019 SESSION

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19100007D
HOUSE BILL NO. 2566 Offered January 9, 2019 Prefiled January 9, 2019 A BILL to repeal §§ 58.1-3650.1 through 58.1-3650.1001 of the Code of Virginia, relating to property tax exemptions. ---------- Patron-- LaRock ---------- Referred to Committee on Finance ----------

Be it enacted by the General Assembly of Virginia:

1. That §§ 58.1-3650.1 through 58.1-3650.1001 of the Code of Virginia are repealed.

2. That any county, city, or town may enact ordinances pursuant to § 58.1-3651 of the Code of Virginia on or after July 1, 2019, to become effective on or after July 1, 2024, to exempt the real or personal property, or both, of any entity whose property tax exemption is repealed under the provisions of this act, provided that the entity meets the criteria set forth in § 58.1-3651 of the Code of Virginia.

3. That the provisions of the first enactment of this act shall become effective on July 1, 2024.