HB 422

  • Virginia House Bill
  • 2024 Regular Session
  • Introduced in House Jan 08, 2024
  • House
  • Senate
  • Governor

Personal property tax; removes sunset date.

Abstract

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.

Bill Sponsors (8)

Votes


Actions


Feb 13, 2024

House

Left in Finance

Feb 06, 2024

House

Subcommittee recommends incorporating (HB1502-Willett)

Feb 02, 2024

House

Impact statement from TAX (HB422)

House

Assigned Finance sub: Subcommittee #3

Jan 08, 2024

House

Prefiled and ordered printed; offered 01/10/24 24100245D

House

Referred to Committee on Finance

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/10/24 24100245D PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: HB422F161.PDF PDF

Sources

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