Real property taxes; notice of proposed increase, notice of public hearing.
It became law on Mar 11, 2022.
- Stage
- Became law
- Started in
- House
- Sponsors
- +12
- Latest action
- Mar 11, 2022
What it does
Real property taxes; notice of proposed increase. Adjusts the notice requirements for public hearings held to increase property taxes in localities that conduct their reassessment of real estate more than once every four years. The bill requires such localities to provide notice of any such hearing on a different day and in a different notice from any notice published for the annual budget hearing. Under current law, such hearings are required when a locality seeks to raise its property tax rate above a rate that would collect more than 101 percent of the amount of taxes collected for the previous year.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
Where it goes next
Law in Virginia. Agencies now write the rules that carry it out, and courts can stay or strike it.
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Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
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