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1999 SESSION

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HB 2136 Taxable real estate; exemptions for elderly and disabled.

Introduced by: Joe T. May | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Taxable real estate; exemptions for elderly and disabled. Permits the Town of Lovettsville to raise the income and net worth requirements for elderly and disabled persons to qualify for real property tax exemptions or deferrals, to the same higher levels which certain localities, including Loudoun County, may use.

SUMMARY AS INTRODUCED:

Taxable real estate; exemptions for elderly and disabled. Provides that the Town of Lovettsville may set higher income and net worth requirements for the elderly and disabled for real property tax exemptions. Loudoun County, among other jurisdictions, has such authority under current law. Lovettsville is located in Loudoun County.