2008 Regular Session


File Code: Taxes - Property Crossfiled with: SENATE BILL 871
Sponsored By:
Delegates Hubbard, Howard, Barnes, Costa, Frush, McHale, Proctor, and Ross
Real Property Assessments - Market Declines - Revaluation


Requiring real property to be revalued outside of the triennial assessment cycle if a decline in the median price for homes in the county where the real property is located causes a change in the value of the property; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
House Action
First Reading Ways and Means
Hearing 2/28 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate James W. Hubbard, District 23A
Delegate Ben Barnes, District 21
Delegate Robert A. Costa, District 33B
Delegate Barbara Frush, District 21
Delegate Carolyn J. B. Howard, District 24
Delegate Brian K. McHale, District 46
Delegate James E. Proctor, Jr., District 27A
Delegate Justin D. Ross, District 22

Bill indexed under the following Subjects:

Assessments and Taxation, Department of
Prices -see also- Consumer Price Index
Property Tax
Real Property

Bill affects the following Statute:

Tax - Property
( 8-104 )


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