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2022 SESSION

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Senate Committee on Finance and Appropriations

Chair: Janet D. Howell

Clerk: Michael Jackson,Thomas Jackson
Staff: Connor Garstka
Date of Meeting: January 25, 2022
Time and Place: 9 AM - Shared Committee Room B / Pocahontas Building
Updated: SB620,SB363,SB512,SB432,SB553,SB634,SB651 Removed

S.B. 184

Patron: Ruff

Land use valuation for real estate devoted to forest use; creation of Forest Sustainability Fund. Creates the Forest Sustainability Fund, to be administered by the State Forester. Localities that have adopted a use value assessment and taxation program for real estate devoted to forest use are eligible to apply for an allocation from the Fund. Awards are proportionally based upon the amount of revenue forgone in the previous fiscal year by localities due to the use value program.

A BILL to amend the Code of Virginia by adding a section numbered 58.1-3242.1, relating to land use valuation for real estate devoted to forest use; creation of Forest Sustainability Fund.

22101775D

S.B. 648

Patron: McPike

Real property tax; exemption for the elderly and handicapped. Provides that any locality may by ordinance accept documentation establishing eligibility for the real property tax exemption for the elderly and handicapped on a rolling basis throughout the year. Current law states that localities shall accept such documentation after January 1 but before April 1 or a later date fixed by ordinance.

A BILL to amend and reenact § 58.1-3213 of the Code of Virginia, relating to real property tax; exemption for the elderly and handicapped.

22104102D