Real property tax assessment; partial exemption for certain improvements. (SB785)

Introduced By

Sen. John Watkins (R-Midlothian)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Real property tax assessment; partial exemption for certain improvements.  Clarifies that the partial exemption from the assessed value of real property subject to real property tax for improvements to rehabilitated, renovated, or replacement residential structures or for improvements in rehabilitation districts or redevelopment or conservation areas shall not be reduced during the period of exemption, and that the exemption runs with the land. The bill contains technical amendments.

  Read the Bill »


Bill Has Passed


12/28/2010Prefiled and ordered printed; offered 01/12/11 11102114D
12/28/2010Referred to Committee on Finance
01/14/2011Impact statement from TAX (SB785)
01/26/2011Reported from Finance with amendments (14-Y 0-N) (see vote tally)
01/27/2011Constitutional reading dispensed (38-Y 0-N) (see vote tally)
01/28/2011Passed by for the day
01/31/2011Read second time
01/31/2011Reading of amendments waived
01/31/2011Committee amendments agreed to
01/31/2011Engrossed by Senate as amended SB785E
01/31/2011Printed as engrossed 11102114D-E
02/01/2011Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/07/2011Placed on Calendar
02/07/2011Read first time
02/07/2011Referred to Committee on Finance
02/08/2011Assigned Finance sub: #2
02/08/2011Impact statement from TAX (SB785E)
02/09/2011Subcommittee recommends reporting with amendment(s) (10-Y 0-N)
02/14/2011Reported from Finance with substitute (22-Y 0-N) (see vote tally)
02/14/2011Committee substitute printed 11105342D-H1
02/15/2011Read second time
02/16/2011Passed by for the day
02/17/2011Read third time
02/17/2011Committee substitute agreed to 11105342D-H1
02/17/2011Amendment by Delegate Hugo agreed to
02/17/2011Engrossed by House - committee substitute with amendment SB785H1
02/17/2011Passed House with substitute with amendment (98-Y 0-N)
02/17/2011VOTE: PASSAGE EMERGENCY (98-Y 0-N) (see vote tally)
02/21/2011House substitute with amendment agreed to by Senate (40-Y 0-N) (see vote tally)
02/21/2011Emergency clause added
02/21/2011Title replaced 11105342D-S1
02/25/2011Bill text as passed Senate and House (SB785ER)
02/25/2011Signed by Speaker
02/25/2011Signed by President
03/02/2011Impact statement from TAX (SB785ER)
03/24/2011G Approved by Governor-Chapter 423 (effective 3/24/11)
03/24/2011G Acts of Assembly Chapter text (CHAP0423)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 2 minutes.