CHAPTER 281

An Act to amend the Code of Virginia by adding a new section numbered
58-795.2, relating to the failure of a county or city to comply with
law on general reassessment of real estate. “

[(S 154]

Approved March 31, 1964

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia be amended by adding a new section
numbered 58-795.2 as follows:

§ 58-795.2. Failure of county or city to comply with law on general
reassessment of real estate——If any county or city shall fail to comply
with the provisions of this article requiring a general reassessment of
real estate periodically in such county or city by omitting such general
reassessment in the year required by this article, the Department of
Taxation, on receiving proof of such delinquency, shall so notify the
Comptroller, whereupon the Comptroller shall withhold from such county
or city the payment of its share of the net profits of the operation of
the alcoholic beverage control system as provided for by § 4-22, as
amended, until such time as a general reassessment shall be begun in
such county or city; and when it is begun, the Department of Taxation,
on being informed of the fact by the appropriate local authorities, shall
so notify the Comptroller who shall then cause to be paid over to the
county or city such withheld share of such profits.

This section shall be in force on and after January 1, 1966.