Here is my delegate, Paula Miller, talking about the homestead exemption, HB11. Great job, Del. Miller! Del. Bob Brink also weighed in. You can catch his video over at Assembly Access.
Category: Real estate taxes
Thursday update (01/24): Real estate tax relief
Weekly update of my legislative agenda issue. I've updated the bills for the most recent information publicly available. Note that committee reports for the last few days are not yet available. There is a report from the Virginian Pilot which says that a Senate subcommittee approved a 20% homestead exemption bill; however, the report does … Continue reading Thursday update (01/24): Real estate tax relief
Bill highlight: O’Bannon’s HB602
I hope the assessors are paying attention to HB602, proposed by Del. John O'Bannon (R-73). Provides that when any assessment of real property is 20% greater than the previous assessment, in any appeal of the assessment to a board of equalization or circuit court, the burden of proof is on the commissioner of revenue or … Continue reading Bill highlight: O’Bannon’s HB602
Thursday update (01/17): Real estate tax relief
Weekly update of my legislative agenda issue. If there is a topic that has generated more bills than real estate taxes, I haven't seen it. (OK, maybe immigration 😉 ) In any event, I have limited my list of bills to those that provide real estate tax relief. There are others not on my list. … Continue reading Thursday update (01/17): Real estate tax relief
My legislative agenda: real estate tax relief
I mentioned in an earlier post that I was going to roll out my legislative agenda. This is the third in the series. No one doubts that the rapid increases in real estate assessments that we have experienced over the last few years has come to an end. Nevertheless, the need for real estate tax … Continue reading My legislative agenda: real estate tax relief
Why won’t a tax cap work in Virginia?
The above is the title of an op-ed piece by 87th House district challenger Hank Giffin which appeared in The Virginian Pilot last week. In it, Giffin argues that a tax cap is in place in other areas and that Virginia doesn't have the cap because it lacks the votes in the legislature to enact … Continue reading Why won’t a tax cap work in Virginia?
Norfolk candidates forum: 87th House and 6th Senate
The Bayview, Cottage Line, Ocean View, East Ocean View and Pinewell civic leagues held a combined candidates forum last Wednesday night for the candidates in the 87th house district - incumbent Democrat Paula Miller and Republican challenger Hank Giffin - and the 6th Senate district - incumbent Republican Nick Rerras and Democratic challenger Ralph Northam. … Continue reading Norfolk candidates forum: 87th House and 6th Senate
Real estate tax cap a bad idea
The Virginian-Pilot editorial today weighs in on the 5% cap in real estate taxes being touted by Republicans Nick Rerras and Hank Giffin. A great line: GOP leaders have responded with an outpouring of enthusiasm generally reserved for Brussels sprout casserole day at the Capitol cafeteria. The editorial then makes the point that I've said … Continue reading Real estate tax cap a bad idea
“Legislative GOP propose property tax cut already in works”
The above is the headline of an AP story by Bob Lewis available here. I couldn't have come up with a better one myself 🙂 House and Senate Republicans proposed a property tax break Monday for homeowners - legislation already in the pipeline that was initially offered two years ago by Democratic Gov. Timothy M. … Continue reading “Legislative GOP propose property tax cut already in works”
Beach proposes real estate tax cut; Norfolk not yet
The Virginian Pilot is reporting that the Virginia Beach city manager Jim Spore is proposing a six-cent cut in the real estate tax rate, from 99 cents to 93 cents per $100 of assessed value. Also discussed was an interesting proposal: ...council members threw their support behind a measure by Councilman Bob Dyer to create … Continue reading Beach proposes real estate tax cut; Norfolk not yet