Virginia · 2025 Regular Session · Bill
HB 1446: Real property tax; assessment of real property used for affordable housing.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1446 is a bill introduced in the Virginia House on January 18, 2024. According to its official title, it concerns: Real property tax; assessment of real property used for affordable housing. Primary sponsor: Carrie E. Coyner. It lists 2 additional sponsors. Most recent recorded action (November 18, 2024): Left in Finance.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Real property tax; assessment of real property used for affordable housing. Requires the duly authorized real estate assessor of a locality to appraise affordable rental housing in accordance with the income approach, as described by the bill. The bill provides that, should the duly authorized real estate assessor fail to follow generally accepted appraisal practices, the assessment will not be entitled to a presumption of correctness, and if the owner then successfully appeals such assessment, the locality shall reimburse the owner for attorney fees and costs incurred.
Sponsors
Sponsors by party (alphabetical): Democratic 1 · Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Carrie E. Coyner | Primary sponsor | Not applicable (committee) | — | — |
| Rae Cousins | Co-sponsor | Democratic | House | 79 |
| Chris Runion | Co-sponsor | Republican | House | 35 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Left in Finance
- Continued to 2025 with substitute in Finance (12-Y 9-N)
- Committee substitute posted to LIS only 24107217D-H1
- Subcommittee recommends reporting with substitute (6-Y 2-N)
- House subcommittee amendments and substitutes offered
- Assigned Finance sub: Subcommittee #2
- House subcommittee amendments and substitutes offered
- Impact statement from TAX (HB1446)
- Referred to Committee on Finance
- Presented and ordered printed 24104281D