HB 768 Virginia House of Delegates · 2020 Regular Session

Commercial and industrial property; additional real property tax in certain localities.

Summary
Additional real property tax on commercial andindustrial property in certain localities. Authorizes countiesand cities in Planning District 3, 4, 5, 6, or 7 to impose an additionalreal estate tax on commercial and industrial property at a rate ofup to $0.10 per $100 of assessed value. Any revenue raised from suchtax would be required to be used to pay for transportation costs.Under current law, only localities within the Northern Virginia TransportationAuthority or the Hampton Roads metropolitan planning area are authorizedto impose such tax. The bill contains technical amendments.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 7, 2020 Last action Feb 11, 2020
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
6
Key actions
1
Committee
3
Jan 24, 2020
Lower · Passed
Subcommittee recommends laying on the table (8-Y 0-N)
lower
Jan 23, 2020
Committee
Assigned Finance sub: Subcommittee #3
lower
Jan 7, 2020
Committee
Referred to Committee on Finance
lower
Jan 7, 2020
Introduced
Prefiled and ordered printed; offered 01/08/20 20102654D
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Dave LaRock
Dave LaRock
RRepublican
VA
33