Virginia 2024 Regular Session

Virginia Senate Bill SB9

Introduced
11/20/23  
Refer
11/20/23  
Report Pass
1/23/24  
Engrossed
1/25/24  
Refer
2/13/24  
Report Pass
2/16/24  
Enrolled
2/26/24  
Chaptered
4/5/24  

Caption

Orange County; authorization to establish department of real estate assessment, etc.

Impact

The passing of SB9 signifies a shift in the real estate assessment process, delegating more authority to local governments. It streamlines the assessment procedures by allowing counties to create departments that handle real estate evaluations independently. It not only empowers localities but also facilitates a standardized process within participating counties, ensuring that assessments are consistent and tailored to the local context. This could ultimately lead to a more efficient and effective use of resources in the assessment process across these counties.

Summary

SB9 aims to amend the Code of Virginia to allow certain counties, specifically Goochland, Powhatan, James City, and Accomack, to establish their own departments of real estate assessment. This bill enables these counties to assess real estate annually or biennially, transferring the findings to the commissioner of revenue. The new departments will give property owners an opportunity to be heard before final assessments are submitted, promoting transparency in the assessment process. Additionally, it allows for the possibility of joint departments between contiguous counties or cities, enhancing cooperation in real estate assessment duties.

Sentiment

Reactions to SB9 appear favorable, particularly among local government officials who advocate for the autonomy it provides. Supporters appreciate the bill's potential to enhance local governance and accountability in real estate assessment. They argue that it allows local agencies to address specific needs and concerns within their communities. However, there are concerns regarding the capacity and resources of smaller counties to manage these assessments effectively, which could lead to disparities in assessment practices across the region.

Contention

While SB9 seems to have broad support, the contention lies in its implementation and the readiness of counties to establish such departments. Questions also arise about how resource allocation will impact smaller counties or those with less administrative capacity. Critics may argue that while the bill promotes local control, it does not adequately address the necessary funding or frameworks to ensure all counties can effectively establish and operate these departments without compromising assessment integrity.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.