HB345Introduced in the House of Delegates
Real property tax; partial exemption for certain commercial and industrial structures.
Introduced by Ellen McLaughlin, District 36
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Real property tax; partial exemption for certain commercial and industrial structures. Prohibits the application of a partial real property tax exemption to the demolition or replacement of an existing structure when such structure is a registered Virginia landmark or is determined by the Department of Historic Resources to contribute to the significance of a registered historic district. Current law prohibits the application of an exemption to the demolition or replacement of an existing structure when such structure is a registered Virginia landmark or is determined to contribute to the significance of a registered historic landmark.
Where it stands
Left in Finance
February 18, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Prefiled and ordered printed; Offered 01-14-2026 26102956D
Referred to Committee on Finance
Assigned HFIN sub: Subcommittee #2
Fiscal Impact statement From TAX (1/19/2026 10:21 pm)
Subcommittee recommends continuing to (Voice Vote)
Left in Finance
Verify the information
Our commitment to neutrality
We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.