HB 261 VA Introduced
Real property; tax classification of land and improvements in City of Newport News.
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Summary
Real property tax; classification of land and improvements; City of Newport News. Authorizes the City of Newport News to levy a tax on the improvements to real property at a different rate than the tax imposed upon the land on which it is located. The rate levied on the improvements to real property shall not be zero and shall not exceed the rate of tax on the land on which it is located. This bill was incorporated into HB 282.
Sponsor (1)
- Shelly A. Simonds Democratic · primary
Action history (6)
- Jan 9, 2026 Prefiled and ordered printed; Offered 01-14-2026 26103321D · lower
- Jan 9, 2026 Referred to Committee on Finance · lower
- Jan 16, 2026 Assigned HFIN sub: Subcommittee #2 · lower
- Jan 18, 2026 Fiscal Impact statement From TAX (1/18/2026 8:26 pm) · lower
- Jan 20, 2026 Subcommittee recommends reporting (9-Y 1-N) · lower
- Jan 21, 2026 Incorporated by Finance (HB282-Callsen) (Voice Vote) · lower
Text versions (2)
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