HB1792
Local taxes; nonjudicial sale of tax delinquent real properties, threshold for nonjudicial sale.
Status:
Enacted
Latest Action:
March 24, 2025
Acts of Assembly Chapter text (CHAP0376)
Chief Patron:
Bobby Orrock (R)
Session:
2025 Regular Session
Summary
As Introduced. Local taxes; nonjudicial sale of tax delinquent real properties; threshold for nonjudicial sale.
Raises the assessment threshold at which a local treasurer or other officer responsible for collecting taxes has general authority to sell real property with more than three years of delinquent taxes from $10,000 or less to $15,000 or less. The bill also raises the assessment range at which such local ... (More) treasurer or officer may sell parcels of real property with more than three years of delinquent taxes and that meet certain criteria from more than $10,000 but no more than than $25,000 to more than $15,000 but no more than $30,000. The bill also increases the assessment threshold for the nonjudicial sale of real property with more than three years of delinquent taxes when such property is (i) unimproved, (ii) one-half acre or less in size, and (iii) located within a designated urban redevelopment or revitalization zone from properties assessed at more than $25,000 but no more than $40,000 to properties assessed at more than $30,000 but no more than $40,000. (Less)-
Bill History
- 01/06/2025 - House: Prefiled and ordered printed; Offered 01-08-2025 25103055D
- 01/06/2025 - House: Referred to Committee on Finance
- 01/12/2025 - House: Impact statement from TAX (HB1792)
- 01/17/2025 - House: Assigned Finance sub: Subcommittee #1
- 01/17/2025 - House: Placed on Finance Agenda
- 01/20/2025 - House: Subcommittee recommends reporting (5-Y 3-N)
- 01/21/2025 - House: Placed on Finance Agenda
- 01/22/2025 - House: Reported from Finance (22-Y 0-N)
- 01/24/2025 - House: Read first time
- 01/27/2025 - House: Read second time and engrossed
- 01/28/2025 - House: Read third time and passed House (99-Y 0-N)
- 01/29/2025 - Senate: Constitutional reading dispensed (on 1st reading)
- 01/29/2025 - Senate: Referred to Committee on Finance and Appropriations
- 02/12/2025 - Senate: Reported from Finance and Appropriations (15-Y 0-N)
- 02/13/2025 - Senate: Rules suspended
- 02/13/2025 - Senate: Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
- 02/13/2025 - Senate: Passed by for the day
- 02/14/2025 - Senate: Read third time
- 02/14/2025 - Senate: Passed Senate (36-Y 0-N)
- 02/19/2025 - House: Enrolled
- 02/19/2025 - House: Bill text as passed House and Senate (HB1792ER)
- 02/19/2025 - House: Impact statement from TAX (HB1792)
- 02/19/2025 - House: Signed by Speaker
- 02/22/2025 - Senate: Signed by President
- 03/03/2025 - House: Enrolled Bill communicated to Governor on March 3, 2025
- 03/03/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
- 03/24/2025 - Approved by Governor-Chapter 376 (Effective 07/01/25)
- 03/24/2025 - Acts of Assembly Chapter text (CHAP0376)
