2024 Regular SessionVirginia Legislature

HB384: Tangible personal property tax; exemption for indoor agriculture equipment and machinery.

Legislative Summary

Tangible personal property tax; indoor agriculture equipment and machinery. Specifies that farm machinery, farm equipment, and farm implements used by an indoor, closed, controlled-environment commercial agricultural facility are a class of farm machinery and farm implements that a locality may exempt from personal property taxation.

Bill History

1/8/2024
Prefiled and ordered printed; offered 01/10/24 24100712D
House of Delegates
1/8/2024
Referred to Committee on Finance
House of Delegates
1/22/2024
Assigned Finance sub: Subcommittee #2
House of Delegates
2/13/2024
Left in Finance
House of Delegates

Status Information

Current Status
Introduced(1/8/2024)
Chamber
House of Delegates
Committee
Finance(House of Delegates)
Sine DiePrior Session

Sponsors

Republican: 1
Democrat: 1

Primary Sponsor

Lee Ware
Lee Ware
Republican

Co-Sponsors (1)

Documents

Prefiled
Bill Text1/8/20247.2 KB
Fiscal Note/Analysis
Fiscal Note/Analysis1/17/2024115.7 KB