VirginiaReal property tax; partial exemption for certain commercial and industrial structures.
What it does
Real property tax; partial exemption for certain commercial and industrial structures. Prohibits the application of a partial real property tax exemption to the demolition or replacement of an existing structure when such structure is a registered Virginia landmark or is determined by the Department of Historic Resources to contribute to the significance of a registered historic district. Current law prohibits the application of an exemption to the demolition or replacement of an existing structure when such structure is a registered Virginia landmark or is determined to contribute to the significance of a registered historic landmark.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Feb 18Left in FinanceLatest
- Feb 3Subcommittee recommends continuing to (Voice Vote)
- Jan 19Fiscal Impact statement From TAX (1/19/2026 10:21 pm)
- Jan 16Assigned HFIN sub: Subcommittee #2Minor
- Jan 12Referred to Committee on FinanceMinor
- Jan 12Prefiled and ordered printed; Offered 01-14-2026 26102956DIntroduced