Phil Scott
- Republican
- Delegate
- District 63
Personal property tax; classification; sunsetdate. Removes the sunset date from the provision of law that authorizes localities to classify most motor vehicles as a class ofproperty subject to a different rate of tax or rate of assessmentfrom the rate applicable to the general class of tangible personalproperty. Under current law, such classification would expire beginningwith taxable years beginning on or after January 1, 2025.
Left in Finance
Subcommittee recommends incorporating (HB1502-Willett)
Impact statement from TAX (HB422)
Assigned Finance sub: Subcommittee #3
Prefiled and ordered printed; offered 01/10/24 24100245D
Referred to Committee on Finance
Bill Text Versions | Format |
---|---|
Prefiled and ordered printed; offered 01/10/24 24100245D | PDF HTML |
Document | Format |
---|---|
Fiscal Impact Statement: HB422F161.PDF |
Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.