An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1950 |
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Law Number | 521 |
Subjects |
Law Body
CHAPTER 521
AN ACT to amend and reenact § 265-b of the Tax Code of Vir-
ginia, which was incorporated by reference into the Code
of 1950 by §58-772.1 thereof, relating to assessment and re-
assessment of lots when subdivided or rezoned.
lH 543 ]
Approved April 7, 1950
Be it enacted by the General Assembly of Virginia:
1. That § 265-b of the Tax Code of Virginia, which was incor-
porated by reference into the Code of 1950 by § 58-772.1 thereof,
be amended and reenacted as follows:
§ 58-772.1. Assessment and reassessment of lots when sub-
divided or rezoned.—Whenever a tract of land is subdivided into
lots under the provisions of law, and plats thereof are recorded,
subsequent to any general reassessment of real estate in the
county in which such real estate is situated made in the year
nineteen hundred and thirty-six or thereafter, each lot in such
subdivision shall be assessed and shown separately upon the land
books, as required by law; and the commissioner of the revenue,
in assessing each such lot, shall assess the same at fair market
value as of the first day of January of the year next succeeding
the year in which such plat is recorded, without regard to the
value at which such tract of land was assessed as acreage but
with regard to other assessments of lots in such county, and such
assessment shall stand until the next general reassessment of real
estate in such county. The commissioner of the revenue shall also
assess or reassess, as required, any lot, tract, piece or parcel of
land which has been rezoned, reclassified or as to which any
exception has been made, by the zoning authorities of the county.
To such end the commisioner of the revenue shall be supplied by
the county with the necessary data and records to indicate any
such rezoning, reclassification or exception. But any person ag-
grieved by any such assessment made by a commissioner of reve-
nue may apply for a correction of the same within the time and
in the manner prescribed by §§ 58-1145 to 58-1151 of the Code
of Virginia.
The provisions of this section shall only apply in counties
having a population of more than two thousand a square mile
according to the last preceding United States census, and in
counties having an area of less than 75 square miles of high land.