HB 2503 Real estate appeals to Boards of Equalization and circuit court.
H. Morgan Griffith | all patrons    ...    notes
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Summary as passed: (all summaries)
Real estate appeals to Boards of Equalization and circuit court. Makes several changes to the current process for appealing real estate assessments. For purposes of appeals to a board of equalization, the bill provides that there shall be a presumption that the valuation of real estate as determined by the local assessing officer is correct, and the taxpayer must produce substantial evidence that the valuation of his real estate is erroneous and was not arrived at in accordance with generally accepted appraisal practice in order to receive relief from the board. The bill does not change current law in regard to the burden of proof and standard of proof that a taxpayer must produce in circuit court.

The bill permits taxpayers to make fair market value appeals to a board of equalization. It also limits to 9 the number of years of consecutive service that a person may sit as a member of a board of equalization. Thirty percent of the members of boards of equalization shall be commercial or residential real estate appraisers, other real estate professionals, builders, developers, or legal or financial professionals, and at least 1 member shall sit in all appeals involving commercial, industrial or multi-family residential property, unless waived by the taxpayer. The bill also requires each member of a board of equalization to take continuing education instruction at least once in every 4 years of service as a member of such board.

The bill provides a 3-year statute of limitations for appealing real estate tax assessments to all circuit courts. In general, there is a 3-year statute of limitations under current law; however, in some localities there is a 1-year statute of limitations pursuant to specific law. In those localities with the 1-year statute of limitations, the new 3-year requirement will be phased in over several years.

The bill has an effective date of January 1, 2004.

Full text:
01/08/03  House: Presented & ordered printed, prefiled 01/08/03 038990748  pdf | impact statement
01/29/03  House: Printed as engrossed 038990748-E  pdf | impact statement
02/22/03  House: Conference substitute printed 031182748-H1  pdf
02/27/03  House: Bill text as passed House and Senate (HB2503ER)  pdf | impact statement
05/01/03  Governor: Acts of Assembly Chapter text (CHAP1036)  pdf

House amendments
Senate amendments
Senate amendments engrossed
Conference amendments
Governor's recommendation

01/08/03  House: Presented & ordered printed, prefiled 01/08/03 038990748
01/08/03  House: Referred to Committee on Counties, Cities and Towns
01/24/03  House: Reported from C. C. T. with amendment (15-Y 6-N)
01/27/03  House: Read first time
01/28/03  House: Read second time
01/28/03  House: Committee amendment agreed to
01/28/03  House: Passed by for the day
01/29/03  House: Read second time
01/29/03  House: Amendments by Del. Hull agreed to
01/29/03  House: Engrossed by House as amended
01/29/03  House: Printed as engrossed 038990748-E
01/30/03  House: Read third time and passed House (84-Y 16-N)
01/30/03  House: VOTE: PASSAGE (84-Y 16-N)
01/30/03  House: Communicated to Senate
02/03/03  Senate: Constitutional reading dispensed
02/03/03  Senate: Referred to Committee on Local Government
02/11/03  Senate: Reported from Local Government w/amd (15-Y 0-N)
02/13/03  Senate: Const. reading disp., passed by for the day (39-Y 0-N)
02/13/03  Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
02/14/03  Senate: Read third time
02/14/03  Senate: Reading of amendment waived
02/14/03  Senate: Committee amendment agreed to
02/14/03  Senate: Engrossed by Senate as amended
02/14/03  Senate: Passed Senate with amendment (36-Y 1-N)
02/14/03  Senate: VOTE: PASSAGE (36-Y 1-N)
02/17/03  House: Placed on Calendar
02/18/03  House: Senate amendment rejected by House (32-Y 63-N 1-A)
02/18/03  House: VOTE: REJECTED (32-Y 63-N 1-A)
02/20/03  Senate: Senate insisted on amendment (39-Y 0-N)
02/20/03  Senate: VOTE: INSIST & REQUEST (39-Y 0-N)
02/20/03  Senate: Senate requested conference committee
02/20/03  House: House acceded to request
02/20/03  House: Conferees appointed by House
02/20/03  House: Delegates: Griffith, McDonnell, Hall
02/20/03  Senate: Conferees appointed by Senate
02/20/03  Senate: Senators: Watkins, Whipple, Quayle
02/22/03  House: Conference substitute printed 031182748-H1
02/22/03  House: Conference report agreed to by House (77-Y 22-N)
02/22/03  House: VOTE: ADOPTION (77-Y 22-N)
02/22/03  Senate: Reading of conference report waived
02/22/03  Senate: Conference report agreed to by Senate (29-Y 10-N 1-A)
02/22/03  Senate: VOTE: CONF. COMMITTEE RPT. (29-Y 10-N 1-A)
02/27/03  House: Bill text as passed House and Senate (HB2503ER)
03/05/03  House: Enrolled
03/05/03  House: Signed by Speaker
03/06/03  Senate: Signed by President
03/24/03  House: Governor's recommendation received by House
04/02/03  House: Placed on Calendar
04/02/03  House: Pending question ordered
04/02/03  House: House rejected Gov's recommendation (27-Y 70-N)
04/02/03  House: VOTE: REJECTED (27-Y 70-N)
04/02/03  House: Communicated to Governor
05/01/03  Governor: Approved by Governor-Chapter 1036 (effective 7/1/03)
05/01/03  Governor: Acts of Assembly Chapter text (CHAP1036)