2009 Regular Session

SENATE BILL 538

CHAPTER NUMBER: 274
File Code: Taxes - Property
Sponsored By:
Senator Zirkin
Entitled:
Property Tax Assessment - Home Improvements

Synopsis:

Requiring that real property be revalued in any year of a 3-year assessment cycle if substantially completed improvements are made which add at least $100,000 in value to the property.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
2/5
First Reading Budget and Taxation
2/25
Hearing 3/11 at 1:00 p.m.
4/8
Favorable with Amendments Report by Budget and Taxation
4/4
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/5
Third Reading Passed (47-0)
4/10
Returned Passed
House Action
4/3
First Reading House Rules and Executive Nominations
4/10
Re-referred Ways and Means
Hearing 4/10 at 1:00 p.m.
4/13
Favorable Report by Ways and Means
4/9
Favorable Report Adopted
Second Reading Passed
4/10
Third Reading Passed (134-4)
Action after passage in Senate and House
5/7
Approved by the Governor
- Chapter 274

Bill indexed under the following Subjects:

Assessments
Home Improvement
Housing -see also- Apartments; Condominiums; Mobile Homes
Property Tax
Real Property
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - Property
( 8-104 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
Senate
Number: 339033/01     Offered on: April 8, 2009   at: 12:36 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
April 5, 2009: Third Reading Passed (47-0)
House
April 10, 2009: Third Reading Passed (134-4)