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2009 SESSION
HB 1839 Commercial real estate tax; used for local projects and construct new roads.
Introduced by: David B. Albo | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Commercial real estate tax in Northern Virginia. Provides that half of the current special tax on commercial real property in Northern Virginia be used for local projects pursuant to existing law, and half be used to construct new roads or construct new transit, provided that the projects are approved by the most recent long-range plan of the Northern Virginia Transportation Authority. The bill accomplishes this by halving the rate of the special tax under current law (from $0.25 to $0.125) and providing for an additional tax for the new construction of roads and transit at the same rate
FULL TEXT
HISTORY
- 01/12/09 House: Prefiled and ordered printed; offered 01/14/09 096628404
- 01/12/09 House: Referred to Committee on Finance
- 01/16/09 House: Assigned Finance sub: 2
- 01/28/09 House: Subcommittee recommends laying on the table by voice vote
- 02/10/09 House: Left in Finance