HB 875 Virginia House of Delegates · 2024 Regular Session

Tangible personal property; automobile assessment.

Summary
Classification of tangible personal property;automobile assessment. Provides that, for so long as the Regulationfor Low Emissions and Zero Emissions Vehicle Standards remains ineffect, the fair market value of an automobile with an internal combustionengine shall be the assessed value of such automobile during taxyear 2023 or the tax year in which such vehicle was purchased new,whichever is later.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Feb 13, 2024
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
2
Committee
4
Jan 23, 2024
Lower · Passed
Subcommittee recommends laying on the table (5-Y 3-N)
lower
Jan 23, 2024
Lower · Passed
House subcommittee amendments and substitutes offered
lower
Jan 22, 2024
Committee
Assigned Finance sub: Subcommittee #2
lower
Jan 9, 2024
Committee
Referred to Committee on Finance
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Mark Earley
Mark Earley
RRepublican
VA
73