Fabio
85 lines
4.2 KiB
Markdown
85 lines
4.2 KiB
Markdown
---
|
||
type: "Bill"
|
||
title: "Real estate tax; exemption for property in redevelopment or conservation areas."
|
||
description: "Real estate tax exemption for property in redevelopment or conservation areas or rehabilitation districts. Increases the maximum duration of a local real estate tax exemption for structures in redevelopment or conservation areas or rehabilitation districts from 15 to 30 years. This bill is identical to HB 537."
|
||
jurisdiction: "us/states/va"
|
||
legislature: "Virginia General Assembly"
|
||
session: "2020"
|
||
identifier: "SB 727"
|
||
citation: "Virginia SB 727 (2020)"
|
||
classification: ["bill"]
|
||
subjects: []
|
||
status: "enacted"
|
||
primary_sponsors: ["Jennifer L. McClellan"]
|
||
version_count: 3
|
||
action_count: 22
|
||
vote_count: 5
|
||
first_action: "2020-01-07"
|
||
last_action: "2020-03-02"
|
||
source: "openstates"
|
||
source_identifier: "ocd-bill/eedf617f-57ed-4843-82db-49b950b4ced2"
|
||
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+SB727"
|
||
source_hash: "bc8b35bec3fdf5f5c9abc5a313996c15fda073e34479addc171ab8aaeb5ab067"
|
||
vintage: "2026-07-01"
|
||
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
|
||
retrieved_at: "2026-07-06"
|
||
confidence: "reported"
|
||
tags: ["legislation", "bill", "us-va"]
|
||
---
|
||
|
||
# Virginia SB 727 (2020) — Real estate tax; exemption for property in redevelopment or conservation areas.
|
||
|
||
Real estate tax exemption for property in redevelopment or conservation areas or rehabilitation districts. Increases the maximum duration of a local real estate tax exemption for structures in redevelopment or conservation areas or rehabilitation districts from 15 to 30 years. This bill is identical to HB 537.
|
||
|
||
## Version chain
|
||
|
||
The bill's text revisions, in order — the diff chain from filing to enrollment.
|
||
|
||
1. **Acts of Assembly Chapter text (CHAP0066)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+CHAP0066)
|
||
2. **Bill text as passed Senate and House (SB727ER)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB727ER)
|
||
3. **Impact statement from TAX (SB727)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB727)
|
||
|
||
## Votes
|
||
|
||
- VOTE: Passage (53-Y 44-N) — **52–44** (pass) · lower
|
||
- Reported from Finance and Appropriations (16-Y 0-N) — **16–0** (pass) · upper
|
||
- Reported from Finance (12-Y 9-N) — **12–9** (pass) · lower
|
||
- Read third time and passed Senate (39-Y 0-N) — **39–0** (pass) · upper
|
||
- Constitutional reading dispensed (40-Y 0-N) — **40–0** (pass) · upper
|
||
|
||
## Sponsors
|
||
|
||
- Jennifer L. McClellan — primary (person)
|
||
|
||
## Timeline
|
||
|
||
The legislative action history — every referral, reading, and vote.
|
||
|
||
- **2020-01-07** Prefiled and ordered printed; offered 01/08/20 20102179D `introduction`
|
||
- **2020-01-07** Referred to Committee on Finance and Appropriations `referral-committee`
|
||
- **2020-01-15** Impact statement from TAX (SB727)
|
||
- **2020-01-21** Reported from Finance and Appropriations (16-Y 0-N) `committee-passage`
|
||
- **2020-01-22** Constitutional reading dispensed (40-Y 0-N)
|
||
- **2020-01-23** Read second time and engrossed `reading-2`
|
||
- **2020-01-24** Read third time and passed Senate (39-Y 0-N) `passage, reading-3`
|
||
- **2020-02-12** Placed on Calendar
|
||
- **2020-02-12** Read first time `reading-1`
|
||
- **2020-02-12** Referred to Committee on Finance `referral-committee`
|
||
- **2020-02-12** Reported from Finance (12-Y 9-N) `committee-passage`
|
||
- **2020-02-14** Read second time `reading-2`
|
||
- **2020-02-17** Read third time `reading-3`
|
||
- **2020-02-17** Passed House (53-Y 44-N) `passage`
|
||
- **2020-02-17** VOTE: Passage (53-Y 44-N)
|
||
- **2020-02-19** Enrolled
|
||
- **2020-02-19** Signed by Speaker
|
||
- **2020-02-20** Signed by President
|
||
- **2020-02-21** Impact statement from TAX (SB727ER)
|
||
- **2020-02-24** Enrolled Bill Communicated to Governor on February 24, 2020
|
||
- **2020-02-24** Governor's Action Deadline 11:59 p.m., March 2, 2020
|
||
- **2020-03-02** Approved by Governor-Chapter 66 (effective 7/1/20) `executive-signature`
|
||
|
||
## Source
|
||
|
||
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/eedf617f-57ed-4843-82db-49b950b4ced2`. Confidence: reported (aggregated from official Virginia legislature records).
|
||
|