Virginia · 2025 Regular Session · Bill
HB 2245: Real property tax; assessment of affordable rental housing.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 2245 is a bill introduced in the Virginia House on January 7, 2025. According to its official title, it concerns: Real property tax; assessment of affordable rental housing. Primary sponsor: Katrina Callsen (Democratic). It lists 15 additional sponsors. Most recent recorded action (March 24, 2025): Acts of Assembly Chapter text (CHAP0456).
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 affordable rental housing. Directs the Department of Taxation to develop a uniform income and expense reporting form that may be provided by duly authorized assessors and completed by the owners of affordable rental housing properties prior to assessment of such affordable rental housing properties. The bill provides that the duly authorized real estate assessor charged with determining the fair market value of affordable rental housing shall use the income approach when such housing generates income unless certain information is not provided by the property owner. The bill specifies that the foregoing provisions shall become effective for assessments beginning on or after January 1, 2026. Finally, the bill directs the Department to develop, in consultation with a stakeholder group, the uniform income and expense reporting form no later than September 1, 2025, and directs the Department to provide by November 1, 2025, a letter to the Chairs of the Senate Committee on Finance and Appropriations and the House Committee on Finance with an update on the development of such form and implementation of training for assessing officials and contracted assessors on the assessment of affordable rental housing.
Sponsors
Sponsors by party (alphabetical): Democratic 14
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Katrina Callsen | Primary sponsor | Democratic | House | 54 |
| Bonita Anthony | Co-sponsor | Democratic | House | 92 |
| Alex Askew | Co-sponsor | Democratic | House | 95 |
| Elizabeth Bennett-Parker | Co-sponsor | Democratic | Senate | 39 |
| Nadarius Clark | Co-sponsor | Democratic | House | 84 |
| Josh Cole | Co-sponsor | Democratic | House | 65 |
| Carrie E. Coyner | Co-sponsor | Not applicable (committee) | — | — |
| Michael Feggans | Co-sponsor | Democratic | House | 97 |
| J.R. Henson | Co-sponsor | Democratic | House | 19 |
| Amy Laufer | Co-sponsor | Democratic | House | 55 |
| Michelle Lopes Maldonado | Co-sponsor | Not applicable (committee) | — | — |
| Marty Martinez | Co-sponsor | Democratic | House | 29 |
| Holly Seibold | Co-sponsor | Democratic | House | 12 |
| Irene Shin | Co-sponsor | Democratic | House | 8 |
| Vivian Watts | Co-sponsor | Democratic | House | 14 |
| Rod Willett | Co-sponsor | Democratic | House | 58 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Acts of Assembly Chapter text (CHAP0456)
- Approved by Governor-Chapter 456 (Effective 07/01/25)
- Governor's Action Deadline 11:59 p.m., March 24, 2025
- Enrolled Bill communicated to Governor on March 3, 2025
- Signed by President
- Signed by Speaker
- Impact statement from TAX (HB2245)
- Bill text as passed House and Senate (HB2245ER)
- Enrolled
- Passed Senate (35-Y 4-N)
- Read third time
- Passed by for the day
Showing 12 most recent of 30 actions. Full history