Introduced in House Passed House Introduced in Senate Passed Senate Became Law
01/06/2020        

Real and personal property tax exemptions; repeals exemptions.

Repeals the property tax exemptions for all nonprofit entities that were granted by the General Assembly by designation, effective July 1, 2025. Any locality may grant property tax exemptions to any such organizations to become effective on or after that date.

Date Version PDF TXT
01/06/2020 House: Prefiled and ordered printed; offered 01/08/20 20102616D Open

            

2020 SESSION

    20102616D
    HOUSE BILL NO. 679
    Offered January 8, 2020
    Prefiled January 6, 2020
    A BILL to amend and reenact � 58.1-3605 of the Code of Virginia and to repeal Article 4 (�� 58.1-3650 through 58.1-3650.1001) of Chapter 36 of Title 58.1 of the Code of Virginia, relating to property tax exemptions.
    ----------
    Patron-- LaRock
    ----------
    Referred to Committee on Finance
    ----------

    Be it enacted by the General Assembly of Virginia:

    1. � 58.1-3605. Triennial application for exemption; removal by local governing body.

    The governing body of any county, city or town, after giving sixty days written notice, may require by local ordinance any entity, except the Commonwealth, any political subdivision of the Commonwealth, or the United States, which owns real and personal property exempt pursuant to this chapter to file triennially an application with the appropriate assessing officer as a requirement for retention of the exempt status of the property. Such application shall show the ownership and usage of such property and shall be filed within the next sixty days preceding the tax year for which such exemption, or the retention thereof, is sought.

    The local governing body may submit to the General Assembly a list of those organizations whose property is designated as tax exempt under � 58.1-3650.1 et seq. which the local governing body wants to remove from its exempt property list. Legislation including such a list must be introduced no later than the first calendar day of any session of the General Assembly unless requested by the Governor.

    2. That Article 4 (�� 58.1-3650 through 58.1-3650.1001) of Chapter 36 of Title 58.1 of the Code of Virginia is repealed.

    3. That any county, city, or town may enact ordinances pursuant to � 58.1-3651 of the Code of Virginia on or after July 1, 2020, to become effective on or after July 1, 2025, to exempt the real or personal property, or both, of any entity whose property tax exemption is repealed under the provisions of this act, provided that the entity meets the criteria set forth in � 58.1-3651 of the Code of Virginia.

    4. That the provisions of the first and second enactments of this act shall become effective on July 1, 2025.

    Picture Name From Date Type
    David A. LaRock R-Richmond Sponsor
    Date Branch Action
    01/27/2020 House House: Subcommittee recommends laying on the table (10-Y 0-N)
    01/14/2020 House House: Assigned Finance sub: Subcommittee #2
    01/06/2020 House House: Prefiled and ordered printed; offered 01/08/20 20102616D
    01/06/2020 House House: Referred to Committee on Finance
    Summary
    Congress - Bill Number Major Title
    Branch Vote Date Yes No Not Voting
    Wiki
    Date Bill Major Title
    Committee Name
    Subject Type