Legislative Reports: Land Conservation
 

Bills Committee Last action Date
HJ 133 - Lewis - Development rights; joint subcom. to study funding sources for purchase thereof to preserve land. (H) Committee on Rules
 

(S) Committee on Rules
(H) VOTE: ADOPTION (95-Y 3-N) 03/02/06
notes: Establishes a joint subcommittee to study long-term funding sources for the purchase of development rights to preserve open-space land.
SB 357 - Edwards - Constitutional amendment; exempts certain property from taxation (first reference). (H) Committee on Privileges and Elections
 

(S) Committee on Privileges and Elections
(S) Signed by President 03/01/06
notes: Provides for a referendum at the November 2006 election on approval of a proposed constitutional amendment relating to property tax exemptions. The proposed amendment authorizes the General Assembly to enact legislation that will permit localities to provide a partial exemption from real property taxes for real estate and associated new structures and improvements in conservation, redevelopment, or rehabilitation areas.
SB 358 - Edwards - Real estate tax; exemption in redevelopment or conservation areas, etc. (H) Committee on Finance
 

(S) Committee on Finance
(S) Signed by President 03/13/06
notes: Authorizes local governing bodies to provide for the partial exemption from taxation of (i) new structures located in redevelopment or conservation areas or rehabilitation districts or (ii) other improvements to real estate located in redevelopment or conservation areas or rehabilitation districts. The partial exemption would be a percentage of the increase in assessed value as a result of the new structure or improvement or an amount not to exceed 50 percent of the construction cost of such structure or improvement. The local governing body would be allowed to establish criteria for qualifying real estate including, but not limited to, the minimum square footage for new structures.
SB 409 - Hanger - Land Conservation Foundation; authorized to award moneys from Fund for purchases. (H) Committee on Agriculture, Chesapeake and Natural Resources
 

(S) Committee on Agriculture, Conservation and Natural Resources
(S) Signed by President 03/08/06
notes: Authorizes the Virginia Land Conservation Foundation to award moneys from the Virginia Land Conservation Fund for purchase of development rights programs.
SB 419 - Hanger - Farmland and forestland plans; directs state agencies to submit annually. (H) Committee on Agriculture, Chesapeake and Natural Resources
 

(S) Committee on Agriculture, Conservation and Natural Resources
(S) Signed by President 03/08/06
notes: Directs agencies that prepare plans for the implementation of policies to preserve important farmland and forestland to submit those plans to the Secretary of Agriculture and Forestry and the Secretary of Natural Resources annually. Presently, plans are submitted to the Secretary of Commerce and Trade and the Secretary of Natural Resources.
SJ 87 - Edwards - Constitutional amendment; localities to be partially exempt from real property tax. (H) Committee on Privileges and Elections
 

(S) Committee on Privileges and Elections
(H) VOTE: ADOPTION (99-Y 0-N) 02/21/06
notes: Authorizes the General Assembly to enact legislation that will permit localities to provide a partial exemption from real property taxation for real estate and associated new structures and improvements in conservation, redevelopment, or rehabilitation areas.
SJ 94 - Hanger - Open space & farmlands; joint sub. to study funding sources for purchase of development rights. (H) Committee on Rules
 

(S) Committee on Rules
(S) House substitute agreed to by Senate 03/07/06
notes: Establishes a six-member joint subcommittee to study the financing and programmatic options for preserving Virginia's farmlands.

 

© 2006 Eldon James & Associates, Inc.