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HB345

Real property tax; partial exemption for certain commercial and industrial structures.

Status:
In House

Latest Action: Feb. 3, 2026
House: Subcommittee recommends continuing to (Voice Vote)

Chief Patron:
Ellen McLaughlin (R)

Session:
2026 Regular Session

Summary

As Introduced. Real property tax; partial exemption for certain commercial and industrial structures.

Prohibits the application of a partial real property tax exemption to the demolition or replacement of an existing structure when such structure is a registered Virginia landmark or is determined by the Department of Historic Resources to contribute to the significance of a registered historic district. Current law prohibits the application of an exemption to the demolition or replacement of an existing structure when such structure is a registered Virginia landmark or is determined to contribute to the significance of a registered historic landmark. (Less)
  • Bill History

  • 01/12/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26102956D
  • 01/12/2026 - House: Referred to Committee on Finance
  • 01/16/2026 - House: Assigned HFIN sub: Subcommittee #2
  • 01/19/2026 - House: Placed on Finance Agenda
  • 01/19/2026 - House: Fiscal Impact statement From TAX (1/19/2026 10:21 pm)
  • 01/23/2026 - House: Placed on Finance Agenda
  • 01/30/2026 - House: Placed on Finance Agenda
  • 02/03/2026 - House: Subcommittee recommends continuing to (Voice Vote)