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1996 SESSION

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HJ 66 Constitutional amendment; exemption for owner-occupied dwelling.

Introduced by: R. Creigh Deeds | all patrons    ...    notes | add to my profiles

SUMMARY:

Constitutional amendment (first resolution); exemption for owner-occupied principle dwellings. Permits the General Assembly to allow the governing body of any county, city, or town to provide for a partial exemption from real property taxation. The exemption shall not exceed 25 percent of the assessed value of land and improvements occupied as the primary residence of its owner. The General Assembly may prescribe restrictions and conditions on this exemption.

FULL TEXT

• 01/18/96  House: Presented & ordered printed 964666202  pdf

HISTORY

• 01/18/96  House: Presented & ordered printed 964666202
• 01/18/96  House: Referred to Committee on Rules
• 01/30/96  House: Continued to 1997 in Rules (10-Y 0-N)