Personal property tax; business property.
Summary
Requires localities to permit taxpayers to provide an aggregate estimate of the total cost of all personal property used in a business that has an original cost of less than $500, in lieu of a specific, itemized list. Under current law, localities are permitted to allow taxpayers to provide such estimate of aggregate cost for property whose original cost is less than $250.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2017
Committee Review
Feb 2017
House of Delegates Passage
Feb 2017
Senate Passage
Feb 2017
Signed into Law
Feb 2017
Introduced Jan 11, 2017
Signed Feb 21, 2017
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
15
Key actions
2
Committee
3
Feb 21, 2017
Signed into law
Approved by Governor-Chapter 116 (effective 7/1/17)
executive
Feb 3, 2017
Committee
Referred to Committee on Finance
legislature
Feb 2, 2017
Legislature · Passed
Read third time and passed House BLOCK VOTE (95-Y 0-N)
legislature
Jan 20, 2017
Committee
Assigned Finance sub: Subcommittee #1
legislature
Jan 11, 2017
Committee
Referred to Committee on Finance
legislature
Jan 11, 2017
Introduced
Prefiled and ordered printed; offered 01/11/17 17100521D
legislature
1 primary · 1 co-sponsor
Sponsors
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