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Real property tax; exemption by classification. Provides that the property of an organization that is tax exempt by classification includes the property of a single member limited liability company whose sole member is such an organization.
Introduced
Jan 6, 2025
Last Action
Mar 18, 2025
Session
VA 2025
Sponsors
1 primary · 0 co
Approved by Governor-Chapter 86 (Effective 07/01/25)
Acts of Assembly Chapter text (CHAP0086)
Enrolled Bill communicated to Governor on March 3, 2025
Governor's Action Deadline 11:59 p.m., March 24, 2025
Signed by President
Signed by Speaker
Impact statement from TAX (HB1896)
Bill text as passed House and Senate (HB1896ER)
Enrolled
Read third time
Passed Senate (39-Y 0-N)
Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
Reported from Finance and Appropriations (15-Y 0-N)
Rules suspended
Passed by for the day
Constitutional reading dispensed (on 1st reading)
Referred to Committee on Finance and Appropriations
Read third time and passed House (99-Y 0-N)
Read second time and engrossed
Read first time
Reported from Finance (22-Y 0-N)
Subcommittee recommends reporting (8-Y 0-N)
Assigned Finance sub: Subcommittee #1
Impact statement from TAX (HB1896)
Referred to Committee on Finance
Prefiled and ordered printed; Offered 01-13-2025 25101024D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Acts of Assembly Chapter text (CHAP0086)
Rodney T. Willett