HB261
Real property; tax classification of land and improvements in City of Newport News.
Status:
Consolidated
Latest Action:
Jan. 21, 2026
House: Incorporated by Finance (HB282-Callsen) (Voice Vote)
Chief Patron:
Shelly Simonds (D)
Session:
2026 Regular Session
Summary
As Introduced. 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 ... (More) rate of tax on the land on which it is located. (Less)-
Bill History
- 01/09/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26103321D
- 01/09/2026 - House: Referred to Committee on Finance
- 01/16/2026 - House: Assigned HFIN sub: Subcommittee #2
- 01/18/2026 - House: Fiscal Impact statement From TAX (1/18/2026 8:26 pm)
- 01/19/2026 - House: Placed on Finance Agenda
- 01/20/2026 - House: Placed on Finance Agenda
- 01/20/2026 - House: Subcommittee recommends reporting (9-Y 1-N)
- 01/21/2026 - House: Incorporated by Finance (HB282-Callsen) (Voice Vote)
