2005 Regular Session

HOUSE BILL 518

File Code: Taxes - Property Prior Year Introduction As: HB 1106/04 - W&M Crossfiled with: SENATE BILL 295
Sponsored By:
Delegate James
Entitled:
Property Tax - Assessment of Conservation Property

Synopsis:

Altering the valuation and assessment for property tax purposes of specified property subject to specified perpetual conservation easements under specified circumstances; providing for a new subclass of real property for assessment purposes; and providing for the application of the Act to taxable years beginning after June 30, 2005.

History by Legislative Date

House Action
2/3
First Reading Ways and Means
2/10
Hearing 2/18 at 1:30 p.m.
3/14
Unfavorable Report by Ways and Means
Senate Action
No Action

Bill indexed under the following Subjects:

ASSESSMENTS
CONSERVATION -see also- SOIL CONSERVATION
EASEMENTS
PROPERTY TAX
REAL PROPERTY
TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statutes:

Tax - Property
( 8-101 , 8-209.1 , 9-107 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered