HR 816 - Real property; market value at acquisition; appraisal - CA (7)

First Reader Summary

A RESOLUTION proposing an amendment to the Constitution so as to authorize, upon approval in a local referendum, the freezing of existing residential real property values and to provide that residential real property and interests therein shall be appraised for ad valorem tax purposes at their fair market value as of the date of the owner's acquisition thereof; and for other purposes.

Day, Jr., C. Burke (153rd) Bannister, Charles E (77th) Davis, J. Max (60th)
Stephens, Ron (150th)
Full Text HC: W&M SC:
F/R: 01/16/98 L/A: 01/26/98 H - Read 2nd Time
Code Sections Amended:
House Action Senate
1/16/98 Read 1st Time
1/26/98 Read 2nd Time

Code Sections

Code Sections amended:


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

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