HB 647 Real Estate Cooperative Act; taxation.
Terrie L. Suit | all patrons    ...    notes
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Summary as passed: (all summaries)
Virginia Real Estate Cooperative Act; taxation. Provides that a residential cooperative association shall not be deemed to be a business for certain state and local taxation purposes. Also, the bill requires that any tangible personal property owned by such associations that would be considered household goods and personal effects if owned by an individual to be considered as such for local property tax purposes. The bill also classifies certain tangible personal property of residential cooperative associations as household goods and personal effects making such property eligible for exemption from local tangible personal property taxes.

Full text:
01/09/02  House: Presented & ordered printed, prefiled 01/08/02 021152946  pdf | impact statement
01/30/02  House: Printed as engrossed 021152946-E  pdf | impact statement
02/13/02  House: Bill text as passed House and Senate (HB647ER)  pdf | impact statement
02/27/02  Governor: Acts of Assembly Chapter text (CHAP0034)  pdf

Amendments:
House amendments

Status:
01/09/02  House: Presented & ordered printed, prefiled 01/08/02 021152946
01/09/02  House: Referred to Committee on Finance
01/21/02  House: Assigned to Finance sub-committee: 2
01/28/02  House: Reported from Finance with amd (22-Y 0-N)
01/29/02  House: Read first time
01/30/02  House: Read second time
01/30/02  House: Committee amendment agreed to
01/30/02  House: Engrossed by House as amended
01/30/02  House: Printed as engrossed 021152946-E
01/31/02  House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
01/31/02  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
01/31/02  House: Communicated to Senate
02/01/02  Senate: Constitutional reading dispensed
02/01/02  Senate: Referred to Committee on Finance
02/06/02  Senate: Reported from Finance (16-Y 0-N)
02/07/02  Senate: Const. reading disp., passed by for the day (39-Y 0-N)
02/07/02  Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
02/08/02  Senate: Read third time
02/08/02  Senate: Passed Senate (40-Y 0-N)
02/08/02  Senate: VOTE: PASSAGE R (40-Y 0-N)
02/13/02  House: Bill text as passed House and Senate (HB647ER)
02/13/02  House: Enrolled
02/13/02  House: Signed by Speaker
02/13/02  Senate: Signed by President
02/22/02  Governor: Approved by Governor-Chapter 34 (effective 7/1/02)
02/27/02  Governor: Acts of Assembly Chapter text (CHAP0034)