HR 591 - Ad valorem tax; fair market value; acquisition date (5)

First Reader Summary

A RESOLUTION proposing an amendment to the Constitution so as to provide that real property and interests therein shall be appraised for ad valorem taxation purposes at their fair market value as of the date of the owner's acquisition thereof and to provide for implementation by law; and for other purposes.

Sauder, Randy (29th) Royal, A. Richard (164th)
Full Text HC: W&M SC:
F/R: 03/25/97 L/A: 03/27/97 H - Read 2nd Time
Code Sections Amended:
House Action Senate
3/25/97 Read 1st Time
3/27/97 Read 2nd Time

Code Sections

Code Sections amended:

Clerk of the House
Robert E. Rivers, Jr., Clerk
Last Updated on 04/20/98