Bill Sponsor
Virginia House Bill 1502
Session 2024
Tangible personal property tax; classification of certain vehicles, removes sunset date.
Became Law
Became Law
Signed by Governor on Apr 8, 2024
First Action
Jan 19, 2024
Latest Action
Apr 8, 2024
Origin Chamber
House
Type
Bill
Bill Number
1502
State
Virginia
Session
2024
Sponsorship by Party
House Votes (5)
Senate Votes (5)
Motion Text
VOTE: Adoption (99-Y 0-N)
House Roll Call Votes
Summary
Tangible personal property tax; classification; certain vehicles. Removes the sunset on authorization for localities to assign a rate of tax or assessment different from the general tangible personal property rate on certain automobiles, trucks, motor vehicles for use by the handicapped, motorcycles, mopeds, all-terrain vehicles, off-road motorcycles, campers, and other recreational vehicles. Under current law, such authorization is limited to taxable years 2022 through 2024. Tangible personal property tax; classification; certain vehicles. Removes the sunset on authorization for localities to assign a rate of tax or assessment different from the general tangible personal property rate on certain automobiles, trucks, motor vehicles for use by the handicapped, motorcycles, mopeds, all-terrain vehicles, off-road motorcycles, campers, and other recreational vehicles. Under current law, such authorization is limited to taxable years 2022 through 2024. This bill incorporates HB 422. Tangible personal property tax; classification; certain vehicles. Removes the sunset on authorization for localities to assign a rate of tax or assessment different from the general tangible personal property rate on certain automobiles, trucks, motor vehicles for use by the handicapped, motorcycles, mopeds, all-terrain vehicles, off-road motorcycles, campers, and other recreational vehicles. Under current law, such authorization is limited to taxable years 2022 through 2024. This bill incorporates HB 422 and is identical to SB 194.
Sources
Record Created
Jan 19, 2024 8:47:30 PM
Record Updated
May 1, 2024 12:23:18 AM