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SB448

Abandoned schools; creation of revitalization zones.

Status:
Enacted

Chief Patron:
Ben Chafin (R)

Session:
2018 Regular Session

Summary

As Passed House of Origin. Abandoned school revitalization zones.

Allows localities to establish by ordinance one or more abandoned school revitalization zones for the purpose of providing incentives to private entities to purchase or develop real property or to assemble parcels suitable for economic development that include an abandoned school site. Each locality establishing an abandoned school revitalization zone may grant incentives and provide regulatory flexibility. The incentives may include, but not be limited to, (i) reduction of permit fees, (ii) reduction of user fees, (iii) reduction of any type of gross receipts tax or any other type of local tax as permitted by state law, and (iv) waiver of tax liens to facilitate the sale of property, if deemed appropriate. A school located in an abandoned school revitalization zone shall be eligible for participation in the Virginia Shell Building Initiative. This bill is identical to HB 1179. (Less)
  • Bill History

  • 01/09/2018 - Senate: Prefiled and ordered printed; offered 01/10/18 18104349D
  • 01/09/2018 - Senate: Referred to Committee on Local Government
  • 01/30/2018 - Senate: Reported from Local Government (13-Y 0-N)
  • 01/30/2018 - Senate: Rereferred to Finance
  • 02/07/2018 - Senate: Reported from Finance with amendments (16-Y 0-N)
  • 02/08/2018 - Senate: Constitutional reading dispensed (40-Y 0-N)
  • 02/09/2018 - Senate: Read second time
  • 02/09/2018 - Senate: Reading of amendments waived
  • 02/09/2018 - Senate: Committee amendments agreed to
  • 02/09/2018 - Senate: Engrossed by Senate as amended SB448E
  • 02/09/2018 - Senate: Printed as engrossed 18104349D-E
  • 02/12/2018 - Senate: Read third time and passed Senate (40-Y 0-N)
  • 02/15/2018 - House: Placed on Calendar
  • 02/15/2018 - House: Read first time
  • 02/15/2018 - House: Referred to Committee on Counties, Cities and Towns
  • 02/26/2018 - House: Assigned CC & T sub: Subcommittee #1
  • 02/28/2018 - House: Subcommittee recommends reporting (8-Y 0-N)
  • 03/02/2018 - House: Reported from Counties, Cities and Towns (21-Y 0-N)
  • 03/05/2018 - House: Read second time
  • 03/06/2018 - House: Read third time
  • 03/06/2018 - House: Passed House BLOCK VOTE (97-Y 0-N)
  • 03/06/2018 - House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
  • 03/08/2018 - Senate: Enrolled
  • 03/08/2018 - Senate: Bill text as passed Senate and House (SB448ER)
  • 03/08/2018 - House: Signed by Speaker
  • 03/10/2018 - Senate: Signed by President
  • 03/16/2018 - Senate: Enrolled Bill Communicated to Governor on March 16, 2018
  • 03/16/2018 - Governor: Governor's Action Deadline Midnight, April 9, 2018
  • 03/29/2018 - Governor: Approved by Governor-Chapter 499 (effective 7/1/18)
  • 03/29/2018 - Governor: Acts of Assembly Chapter text (CHAP0499)