Legislative Reports: Housing
 

Bills Committee Last action Date
HB 696 - Suit - Fair Housing Law; removes exemption of single-family house from certain section. (H) Committee on General Laws (H) Incorporated by General Laws (HB1236-Melvin) 02/09/06
notes: Removes exemption of single-family house from the Fair Housing Law section relating to restrictive covenants. Section 36-96.6 states in pertinent part that any restrictive covenant based on race, color, religion, national origin, sex, elderliness, familial status, or handicap is void and against Virginia public policy. The above change to the Fair Housing Law exemptions makes § 36-96.6 applicable to single-family homes and their owners.
HB 1173 - Rapp - Affordable housing; assessment of real property. (H) Committee on Finance
 

(S) Committee on Finance
(S) Signed by President 03/13/06
notes: Provides that (i) certain federal, state or local restrictions, as well as special expenses be considered in determining the fair market value and the capitalization rate for certain real property designated as affordable housing, and (ii) federal and state income tax credits with respect to real property shall not be considered real property or income attributable to real property.
SB 46 - Locke - Local housing rehabilitation zones; created. (H) Committee on General Laws
 

(S) Committee on General Laws and Technology
(H) Signed by Speaker 03/10/06
notes: Authorizes localities to designate housing rehabilitation zones for the establishment of incentives to rehabilitate housing stock in the zone and to perform general improvement of the neighborhood. Incentives include reduced user fees, special tax incentives, special zoning, expedited permitting, and the waiver of tax liens under certain circumstances. In addition, the locality is authorized to establish a special service district to expand or improve the public infrastructure in the zone.
SB 269 - Whipple - Condominium Act; conversion condominiums and notice to locality. (H) Committee on General Laws
 

(S) Committee on General Laws and Technology
(H) Signed by Speaker 03/10/06
notes: In the case of receipt of an application for a condominium that is a conversion condominium, the agency shall, within five business days, also issue a notice of filing to the chief administrative officer of the county or city in which the proposed condominium is located, which notice shall include the name and address of the applicant and the name and address or location of the proposed condominium.
SB 276 - Whipple - Income tax, state; different tax rate on income derived from sale of certain real estate. (H) Committee on Finance
 

(S) Committee on Finance
(H) VOTE: DEFEATED (41-Y 57-N) 03/01/06
notes: Provides for the imposition of a 2.3% tax rate on the taxable proceeds from a sale of an apartment building or complex to its tenant organization or to a nonprofit organization, effective for taxable years beginning on and after January 1, 2007.
SB 294 - Cuccinelli - Housing authorities; powers of regional and consolidated. (S) Committee for Courts of Justice (S) Committee substitute printed 065349720-S1 02/13/06
notes: Prohibits any regional housing authority or consolidated housing authority from acquiring property through the exercise of the power of eminent domain. This bill, which amends the article relating to regional housing authorities, applies to consolidated housing authorities because the provisions of the chapter applicable to regional housing authorities are applicable, by statutory reference, to consolidated housing authorities. Currently, regional housing authorities and consolidated housing authorities enjoy the same power of eminent domain that is statutorily afforded to housing authorities created for cities and counties.

 

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