HB 1327

  • Virginia House Bill
  • 2020 Regular Session
  • Introduced in House Jan 08, 2020
  • Passed House Feb 04, 2020
  • Passed Senate Feb 20, 2020
  • Signed by Governor Mar 27, 2020

Property taxes; generating equipment of electric suppliers utilizing wind turbines.

Abstract

Property taxes; generating equipment of electric suppliers utilizing wind turbines. Provides that the rate for a locality that imposes property taxes on generating equipment of electric suppliers utilizing wind turbines that have filed a certain form with an electric utility or regional transmission organization by July 1, 2020, shall not exceed the locality's real estate tax rate by more than $0.20 per $100 of assessed value. For all other projects, and under current law, the tax may exceed the real estate rate but cannot exceed the general personal property tax rate in the locality.

Property taxes; generating equipment of electricsuppliers utilizing wind turbines. Allows localities to imposeproperty taxes on generating equipment of electric suppliers utilizingwind turbines at a rate that exceeds the locality's real estate taxrate by up to $0.20 per $100 of assessed value. Under current law,the tax may exceed the real estate rate but cannot exceed the generalpersonal property tax rate in the locality.

Bill Sponsors (1)

Votes


Actions


Mar 27, 2020

Office of the Governor

Approved by Governor-Chapter 508 (effective 7/1/20)

Mar 11, 2020

Office of the Governor

Governor's Action Deadline 11:59 p.m., April 11, 2020

House

Enrolled Bill communicated to Governor on March 11, 2020

Mar 02, 2020

Senate

Signed by President

House

Impact statement from TAX (HB1327ER)

Feb 28, 2020

House

Enrolled

House

Signed by Speaker

Feb 24, 2020

House

Senate substitute agreed to by House 20108430D-S1 (84-Y 9-N 1-A)

House

VOTE: Adoption (84-Y 9-N 1-A)

House

Placed on Calendar

Feb 20, 2020

Senate

Read third time

Senate

Reading of substitute waived

Senate

Committee substitute agreed to 20108430D-S1

Senate

Engrossed by Senate - committee substitute HB1327S1

Senate

Passed Senate with substitute (38-Y 2-N)

Feb 19, 2020

Senate

Constitutional reading dispensed (39-Y 0-N)

Feb 18, 2020

Senate

Committee substitute printed 20108430D-S1

Senate

Reported from Finance and Appropriations with substitute (14-Y 0-N)

Feb 05, 2020

Senate

Constitutional reading dispensed

Senate

Referred to Committee on Finance and Appropriations

Feb 04, 2020

House

Read third time and passed House (81-Y 12-N)

House

VOTE: Passage (81-Y 12-N)

Feb 03, 2020

House

Read second time and engrossed

Jan 31, 2020

House

Read first time

Jan 29, 2020

House

Reported from Finance (19-Y 2-N)

Jan 27, 2020

House

Subcommittee recommends reporting (10-Y 0-N)

Jan 23, 2020

House

Assigned Finance sub: Subcommittee #2

Jan 19, 2020

House

Impact statement from TAX (HB1327)

Jan 08, 2020

House

Referred to Committee on Finance

House

Prefiled and ordered printed; offered 01/08/20 20102397D

Bill Text

Bill Text Versions Format
Impact statement from TAX (HB1327) HTML
Engrossed by Senate - committee substitute HB1327S1 HTML
Bill text as passed House and Senate (HB1327ER) HTML
Acts of Assembly Chapter text (CHAP0508) HTML

Related Documents

Document Format
No related documents.

Sources

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