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Bill > HB1168


VA HB1168

VA HB1168
Real property; tax exemption for certain disabled veterans and surviving spouses.


summary

Introduced
01/14/2022
In Committee
02/02/2022
Crossed Over
01/31/2022
Passed
Dead
04/12/2023

Introduced Session

2023 Regular Session

Bill Summary

Real property tax; exemption for disabled veterans and surviving spouses. Provides that a person who is eligible for the real property tax exemption for certain disabled veterans and surviving spouses is entitled to a refund, retroactive to his date of eligibility, of taxes paid during the period of exemption, excluding interest or penalties. Under the bill, the refund is exempt from the statute of limitations for applications for correction of an assessment.

AI Summary

This bill provides that eligible persons for the real property tax exemption for certain disabled veterans and surviving spouses are entitled to a retroactive refund of taxes paid during the period of exemption, excluding interest or penalties. The bill also exempts such refund applications from the statute of limitations for corrections of assessments.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Left in Finance and Appropriations (on 11/21/2022)

Taxonomy

Defense
  • ‐ Veterans Affairs
Government Operations
  • ‐ Tax Administration and Collection of Revenue
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://lis.virginia.gov/cgi-bin/legp604.exe?231+sum+HB1168 10/06/2022
BillText https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB1168+hil 10/06/2022
Bill https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB1168+hil+pdf 10/06/2022
Fiscal Note/Analysis - House: Presented and ordered printed 2210 https://lis.virginia.gov/cgi-bin/legp604.exe?231+oth+HB1168F161+PDF 10/06/2022
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