OFFERED FOR CONSIDERATION 1/27/2026
HOUSE BILL NO. 68
AMENDMENT IN THE NATURE OF A SUBSTITUTE
(Proposed by the House Committee on Finance
on ________________)
(Patron Prior to Substitute—Delegate McNamara)
A BILL to amend and reenact §§ 58.1-3321 and 58.1-3330 of the Code of Virginia, relating to local taxation of real property; effect on rate when assessment results in tax increase; consideration of inflation.
Be it enacted by the General Assembly of Virginia:
1. That §§ 58.1-3321 and 58.1-3330 of the Code of Virginia are amended and reenacted as follows:
§ 58.1-3321 . Effect on rate when assessment results in tax increase; public hearings; referendum.