HB 639

  • Virginia House Bill
  • 2024 Regular Session
  • Introduced in House Jan 09, 2024
  • Passed House Feb 06, 2024
  • Passed Senate Feb 20, 2024
  • Signed by Governor Mar 26, 2024

Real property tax; notice of rate and assessment changes.

Abstract

Real property tax; notice of assessment changes. Provides that in certain localities, in the event that the total assessed value of real property would result in an increase of one percent or more in the total real property tax levied, the notice of assessment changes shall state the tax rate that would levy the same amount of real estate tax as the previous year when multiplied by the new total assessed value of real estate. This bill is identical to SB 677.

Real property tax; notice of assessment changes. Provides that in certain localities, in the event that the totalassessed value of real property exceeds the prior year's assessedvalue and would result in an increase in the total real propertytax levied, the notice of assessment changes shall state that therewould be an increase in the total real property tax levied absenta reduction in the current year's tax rate by the local governingbody.

Bill Sponsors (2)

Votes


Actions


Mar 26, 2024

Office of the Governor

Acts of Assembly Chapter text (CHAP0142)

Office of the Governor

Approved by Governor-Chapter 142 (effective 7/1/24)

Mar 11, 2024

Office of the Governor

Governor's Action Deadline 11:59 p.m., April 8, 2024

House

Enrolled Bill communicated to Governor on March 11, 2024

Feb 28, 2024

Senate

Signed by President

Feb 26, 2024

House

Impact statement from TAX (HB639ER)

House

Signed by Speaker

House

Bill text as passed House and Senate (HB639ER)

House

Enrolled

Feb 20, 2024

Senate

Passed Senate (40-Y 0-N)

Senate

Read third time

Feb 19, 2024

Senate

Constitutional reading dispensed (38-Y 0-N)

Feb 15, 2024

Senate

Reported from Finance and Appropriations (15-Y 0-N)

House

Impact statement from TAX (HB639H1)

Feb 07, 2024

Senate

Referred to Committee on Finance and Appropriations

Senate

Constitutional reading dispensed

Feb 06, 2024

House

VOTE: Block Vote Passage (99-Y 0-N)

House

Read third time and passed House BLOCK VOTE (99-Y 0-N)

Feb 05, 2024

House

Engrossed by House - committee substitute HB639H1

House

Committee substitute agreed to 24105997D-H1

House

Read second time

Feb 02, 2024

House

Read first time

Jan 31, 2024

House

Committee substitute printed 24105997D-H1

House

Reported from Finance with substitute (22-Y 0-N)

Jan 30, 2024

House

Subcommittee recommends reporting with substitute (8-Y 0-N)

House

House subcommittee amendments and substitutes offered

Jan 22, 2024

House

Assigned Finance sub: Subcommittee #2

Jan 21, 2024

House

Impact statement from TAX (HB639)

Jan 09, 2024

House

Referred to Committee on Finance

House

Prefiled and ordered printed; offered 01/10/24 24105025D

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/10/24 24105025D PDF HTML
Committee substitute printed 24105997D-H1 PDF HTML
HB639ER PDF HTML
CHAP0142 PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: HB639FER161.PDF PDF
Fiscal Impact Statement: HB639FH1161.PDF PDF
Fiscal Impact Statement: HB639F161.PDF PDF

Sources

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.