HB1358Introduced in the House of Delegates
Real property tax; special assessment on basis of use, notice requirements.
Introduced by Chris Runion, District 35
What does this bill do?
Plain-English breakdown
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Official description
Real property tax; special assessment for land use; notice requirements; civil penalty. Establishes notice requirements for the sale of real estate that is valued, assessed, and taxed by a locality under a special assessment on the basis of use. The bill directs the Department of Taxation to create a written notice that may be provided to the purchaser of real estate in a land use program. The notice must include disclosures regarding the special classification of the real estate and liability for roll-back taxes if a change in use occurs. The bill also requires settlement agents to provide this written notice to purchasers of real estate in a land use program and to obtain the purchaser's written acknowledgement of receipt of the notice. The willful failure of a settlement agent to provide the notice and obtain the written acknowledgement will subject the settlement agent to a civil penalty in an amount not exceeding $250. The bill directs the Real Estate Board to include in the residential property disclosure statement on its website a statement that the owner makes no representations or warranties with respect to whether the property is located in a locality that has adopted a land-use plan that may provide use value assessment and taxation for certain real estate and that advises purchasers to exercise due diligence to determine whether the property may be subject to roll-back taxes and interest for taxation on the basis of a use assessment and the liability for additional taxes and penalties that may attach if a change in use occurs. Finally, the bill has a delayed effective date of January 1, 2027. This bill is identical to SB 649.
Where it stands
Acts of Assembly Chapter text (CHAP0308)
April 6, 2026
How did lawmakers vote?
House of Delegates votes
3 recorded votes · each counted separately
Senate votes
3 recorded votes · each counted separately
SenateStage: Passed Senate (37-Y 0-N 0-A) · February 27, 2026
37
Yes
0
No
3
Absent or Not Voting
40 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Elizabeth Bennett-Parker | 5 | Yes |
| Michael Jones | 77 | Yes |
| Timmy French | 1 | Yes |
| Mark Obenshain | 2 | Yes |
| Chris Head | 3 | Yes |
| David Suetterlein | 4 | Yes |
| Travis Hackworth | 5 | Yes |
| Todd Pillion | 6 | Yes |
| William Stanley | 7 | Yes |
| Mark Peake | 8 | Yes |
Bill history
Presented and ordered printed 26105572D
Referred to Committee on Finance
Fiscal Impact statement From TAX (1/31/2026 7:06 pm)
Assigned HFIN sub: Subcommittee #2
House subcommittee offered
Subcommittee recommends reporting with substitute (10-Y 0-N)
Reported from Finance with substitute (22-Y 0-N)
Committee substitute printed 26106641D-H1
Read first time
Read second time
committee substitute agreed to
Engrossed by House - committee substitute
Read third time and passed House (98-Y 0-N 0-A)
Constitutional reading dispensed (on 1st reading)
Referred to Committee on Finance and Appropriations
Fiscal Impact statement From TAX (2/18/2026 6:29 pm)
Reported from Finance and Appropriations (14-Y 0-N)
Rules suspended
Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
Passed by for the day Block Vote (Voice Vote)
Read third time
Passed Senate (37-Y 0-N 0-A)
Enrolled
Bill text as passed House and Senate (HB1358ER)
Signed by Speaker
Signed by President
Enrolled Bill communicated to Governor on March 10, 2026
Governor's Action Deadline 11:59 p.m., April 13, 2026
Fiscal Impact statement From TAX (3/12/2026 9:03 am)
Approved by Governor-Chapter 308 (Effective 1/1/2027)
Acts of Assembly Chapter text (CHAP0308)
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