Chap. 514.—An ACT to amend and re-enact section 244 of the Tax Code of
Virginia, in relation to the assessment of buildings on lands of benevolent
and charitable institutions. [H B 194]

Approved March 28, 1928

1. Be it enacted by the general assembly of Virginia, That section
two hundred and forty-four of the Tax Code of Virginia, the said
‘Tax Code being designated as senate bill number one, at the nineteen
hundred and twenty-eight session of the general assembly of Virginia,
be amended and re-enacted so as to read as follows:

Section 244. Each commissioner of the revenue shall, as soon as
practicable after the first day of January, nineteen hundred and thirty,
and every fifth year thereafter, proceed to examine all lands and lots
assessable by him, with the improvements and buildings thereon,
within his county or city, and shall, upon examination, ascertain and
assess the fair market value thereof, and at the same time shall note
whether the owner is white or colored. In assessing buildings and the
land they occupy, which may be owned exclusively by a benevolent or
charitable institution, but not all of which is used exclusively for
lodge purposes or meeting rooms, the commissioner, or other assessing
officer, shall only assess for taxation such proportional part of the
fair market value of the entire property. as would be the comparative
fair market value of the part of such land and buildings not used exclu-
sively for lodge purposes or meeting rooms.

This section, as hereby amended, shall not be effective unless a
proposed amendment to section one hundred and eighty-three of the
Constitution of Virginia submitted, or which may be submitted, by the
present general assembly to a vote of the people for ratification, shall
be ratified by the people in accordance with law in the year nineteen
hundred and twenty-eight, in which event this section as hereby
amended shall be in force on and after January first, nineteen hundred
and twenty-nine. (Code 1919, section 2244; 1920, 18 p. 34; 1924,
p. 409.)