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7.9 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
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| Bill | Real property tax; special assessment on basis of use, notice requirements. | Real property tax; special assessment for land use; notice requirements; civil penalty. Establishes notice requirements for the sale of real estate that is valued, assessed, and taxed by a locality under a special assessment on the basis of use. The bill directs the Department of Taxation to create a written notice that may be provided to the purchaser of real estate in a land use program. The notice must include disclosures regarding the special classification of the real estate and liability for roll-back taxes if a change in use occurs. The bill also requires settlement agents to provide this written notice to purchasers of real estate in a land use program and to obtain the purchaser's written acknowledgement of receipt of the notice. The willful failure of a settlement agent to provide the notice and obtain the written acknowledgement will subject the settlement agent to a civil penalty in an amount not exceeding $250. The bill directs the Real Estate Board to include in the residential property disclosure statement on its website a statement that the owner makes no representations or warranties with respect to whether the property is located in a locality that has adopted a land-use plan that may provide use value assessment and taxation for certain real estate and that advises purchasers to exercise due diligence to determine whether the property may be subject to roll-back taxes and interest for taxation on the basis of a use assessment and the liability for additional taxes and penalties that may attach if a change in use occurs. Finally, the bill has a delayed effective date of January 1, 2027. | us/states/va | Virginia General Assembly | 2026 | SB 649 | Virginia SB 649 (2026) |
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enacted |
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6 | 36 | 6 | 2026-01-14 | 2026-04-06 | openstates | ocd-bill/bc576bf1-783d-40b8-980b-646b65a436ce | https://lis.virginia.gov/bill-details/20261/SB649 | 4803ea3b14489bb5c63fba75dfbd3f87007b0b0f92f674a1ffdacbabb68bb783 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Virginia SB 649 (2026) — Real property tax; special assessment on basis of use, notice requirements.
Real property tax; special assessment for land use; notice requirements; civil penalty. Establishes notice requirements for the sale of real estate that is valued, assessed, and taxed by a locality under a special assessment on the basis of use. The bill directs the Department of Taxation to create a written notice that may be provided to the purchaser of real estate in a land use program. The notice must include disclosures regarding the special classification of the real estate and liability for roll-back taxes if a change in use occurs. The bill also requires settlement agents to provide this written notice to purchasers of real estate in a land use program and to obtain the purchaser's written acknowledgement of receipt of the notice. The willful failure of a settlement agent to provide the notice and obtain the written acknowledgement will subject the settlement agent to a civil penalty in an amount not exceeding $250. The bill directs the Real Estate Board to include in the residential property disclosure statement on its website a statement that the owner makes no representations or warranties with respect to whether the property is located in a locality that has adopted a land-use plan that may provide use value assessment and taxation for certain real estate and that advises purchasers to exercise due diligence to determine whether the property may be subject to roll-back taxes and interest for taxation on the basis of a use assessment and the liability for additional taxes and penalties that may attach if a change in use occurs. Finally, the bill has a delayed effective date of January 1, 2027.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- Introduced (filed) — source
- Chaptered (committee substitute) — source
- Finance Amendment (committee substitute) — source
- House Amendment (committee substitute) — source
- Senator Obenshain Substitute (committee substitute) — source
- Enrolled (enrolled) — source
Votes
- Concur House Amendment R — 40–0 (pass) · upper
- Constitutional reading dispensed R — 40–0 (pass) · upper
- Passage R — 38–0 (pass) · upper
- Reported from Finance and Appropriations — 14–0 (pass) · upper
- H VOTE: — 97–0 (pass) · lower
- Reported from Finance with amendment(s) — 21–0 (pass) · lower
Sponsors
- Mark D. Obenshain — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2026-01-14 Prefiled and ordered printed; Offered 01-14-2026 26104707D
filing, introduction - 2026-01-14 Referred to Committee on Finance and Appropriations
referral-committee - 2026-01-26 Fiscal Impact statement From TAX (1/26/2026 10:34 pm)
- 2026-01-27 Reported from Finance and Appropriations (14-Y 0-N)
committee-passage - 2026-01-28 Rules suspended
- 2026-01-28 Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
- 2026-01-28 Passed by for the day Block Vote (Voice Vote)
- 2026-01-28 Passed by for the day
- 2026-01-29 Read second time
reading-2 - 2026-01-29 Floor offered Senator Obenshain Substitute
- 2026-01-29 Reading of substitute waived (Voice Vote)
- 2026-01-29 Senator Obenshain Substitute agreed to
- 2026-01-29 Engrossed by Senate Block Vote (Voice Vote)
- 2026-01-29 Engrossed by Senate - floor substitute
- 2026-01-30 Read third time and passed Senate (38-Y 0-N 0-A)
passage, reading-3 - 2026-02-04 Placed on Calendar
- 2026-02-04 Read first time
reading-1 - 2026-02-04 Referred to Committee on Finance
referral-committee - 2026-02-18 Fiscal Impact statement From TAX (2/18/2026 7:43 am)
- 2026-02-18 House committee offered
- 2026-02-18 Reported from Finance with amendment(s) (21-Y 0-N)
committee-passage - 2026-02-20 Read second time
reading-2 - 2026-02-23 Read third time
reading-3 - 2026-02-23 committee amendment agreed to
amendment-passage - 2026-02-23 Engrossed by House as amended
- 2026-02-23 Passed House with amendment (97-Y 0-N 0-A)
passage - 2026-02-25 House amendment agreed to by Senate (40-Y 0-N 0-A)
amendment-passage - 2026-02-27 Enrolled
enrolled - 2026-02-27 Bill text as passed Senate and House (SB649ER)
passage - 2026-02-27 Signed by Speaker
passage - 2026-02-27 Signed by President
passage - 2026-03-10 Enrolled Bill communicated to Governor on March 10, 2026
enrolled, executive-receipt - 2026-03-10 Governor's Action Deadline 11:59 p.m., April 13, 2026
executive-receipt - 2026-03-23 Fiscal Impact statement From TAX (3/23/2026 10:20 am)
- 2026-04-06 Approved by Governor-Chapter 309 (effective 1/1/2027)
executive-signature - 2026-04-06 Acts of Assembly Chapter text (CHAP0309)
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/bc576bf1-783d-40b8-980b-646b65a436ce. Confidence: reported (aggregated from official Virginia legislature records).