HB 261 and HB 282 - Virginia First Cities is supportive of both of our members, the City of Charlottesville and the City of Newport News, efforts to be included in the statute to allow the option to reclassify improvements to real property as a separate class for tax purposes.
We are also supportive of Del. McNamara's HB 10 which would end the "Christmas tree effect" of localities having to come to the General Assembly year after year to ask for this authority.
HB 261 and HB 282 - Virginia First Cities is supportive of both of our members, the City of Charlottesville and the City of Newport News, efforts to be included in the statute to allow the option to reclassify improvements to real property as a separate class for tax purposes. We are also supportive of Del. McNamara's HB 10 which would end the "Christmas tree effect" of localities having to come to the General Assembly year after year to ask for this authority.