Residential development; authorizes any locality to impose impact fees.

Impact fees; residential development. Authorizes any locality to impose impact fees on certain residential developments in order to defray the costs of constructing public facilities necessitated by those developments. Under current law, such impact fees have limited applicability and may be imposed only by those counties that have established urban transportation service districts. The bill also deletes provisions of current law that narrow the scope of included public facilities for localities in the Richmond Metropolitan Statistical Area.