Jan 18, 2009
No One is Safe
18 Jan 2009
Posted by VAR
*as of Sunday, 18 January at 10am
Think this bill might affect you and your business? – Notice for setting local real property tax rate. (SB1131)
Notice for setting local real property tax rate. Reduces from 30 days to 10 days the public notice required by localities under certain circumstances for increasing the local real property tax rate above the rate that would generate 101 percent of the prior year’s real property tax revenues.
Or this one? -Real Estate Board; compensation to referring attorneys prohibited, exception. (HB2040)
Real Estate Board; compensation to referring attorneys prohibited; exception. Provides that an attorney-at-law referring a client to a licensee shall not receive any compensation from a listing firm or offered in the common source information company to cooperating brokers, unless the attorney is also licensed as a real estate broker or salesperson. The bill contains technical amendments.
198 bills have the word “assessment” in the title or description.
Surely, they wouldn’t pass this bill – Use value assessment; roll-back taxes. (SB1043) :
Use value assessment; roll-back taxes. Allows counties, cities, and towns to assess and collect roll-back taxes for up to 15 years under a use value assessment program if all roll-back taxes, interest, and penalty are promptly deposited into a special fund and used to fund the locality’s purchase of development rights program.
What??? Department of Professional and Occupational Regulation; Virginia Real Estate Board; waiver of broker (SB1210)
Department of Professional and Occupational Regulation; Virginia Real Estate Board; waiver of broker education requirements. Requires the Virginia Real Estate Board to waive the broker education requirement for any applicant for a brokers license who has owned a real estate brokerage firm for more than 15 years and during that time and maintained an active license as a real estate salesperson.
Here’s my question – or challenge – what are your “favorite” bills?