Virginia House Bill 1564 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 13 2020 - 25% progression, died in committee
Action: 2020-02-11 - Left in Counties, Cities and Towns
Pending: House Counties, Cities and Towns Committee
Text: Latest bill text (Introduced) [HTML]

Impact fees; residential development. Authorizes any locality to impose impact fees on certain residential developments in order to defray the costs of constructing public facilities necessitated by those developments. Under current law, such impact fees may be imposed only by those localities that have established urban transportation service districts. The amount of the impact fee shall not exceed five percent of the sales price of the residential property, five percent of the assessed value of the property in the event that the property is transferred without a sale, or $10,000, whichever is less.

Impact fees; residential development.

Del. Mark Cole [R]

Date	Chamber	Action
2020-02-11	House	Left in Counties, Cities and Towns
2020-01-21	House	Assigned CC & T sub: Land Use
2020-01-13	House	Referred to Committee on Counties, Cities and Towns
2020-01-13	House	Presented and ordered printed 20104890D

Chapter	Article	Section	Citation Type	Statute Text
15	2	2328	(n/a)	See Bill Text
15	2	2329	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+HB1564
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+HB1564+hil