Chap. 47.—An ACT to amend and re-enact an act entitled “An act authorizing
cities containing not less than one hundred and twenty-five thousand nor more
than one hundred and fifty thousand population, according to the last pre-
ceding United States census, to provide for the annual assessment and equaliza-
tion of assessments of real estate,” approved March 24, 1932. [S. B. 30]

Approved September 11, 1933

1. Be it enacted by the General Assembly. of Virginia, That an act
entitled “an act authorizing cities containing not less than one hundred
and twenty-five thousand nor more than one hundred and fifty thousand
population, according to the last preceding United States census, to pro-
vide for the annual assessment and equalization of assessments of real
estate,” approved March twenty-fourth, nineteen hundred and thirty-
two, be amended and re-enacted so as to read as follows:

Section 1. In cities containing not less than one hundred and twenty-
Sve thousand nor more than one hundred and fifty thousand inhabitants
according to the last preceding United States census, the council ot
other governing body of such cities may, in its discretion, in lieu of the
method now prescribed by law, provide for the annual assessment anc
equalization of assessments of real estate for local taxation, and to tha
end may request the circuit court of such cities, or the judge thereof ir
vacation, to appoint three persons to assess such real estate and to
equalize such assessments. Upon such request, such court or judge
shall appoint for the purpose three persons who shall each receive the
same compensation and not be employed by the city in any other ca-
pacity. Two of the persons so appointed shall constitute a quorum for
the purpose of making such assessments and equalization, and any
assessments, whether original or made for the purpose of equalization,
when concurred in by any two of said persons, shall be as valid and
binding as if all three had concurred therein. Such council or other gov-
erning body may prescribe the duties and terms of office of the persons
so elected or appointed, and fix their compensation, which shall be paid
out of the local treasury. Such council or other governing body may
likewise provide for such clerical assistance and other expenses as may
be properly incident thereto. |

Section 2. That all such real estate shall be assessed at its fair market
value ; and taxes for each year on such real estate shall be extended on
the basis of the last assessment made prior to such year, subject to such
changes as may have been lawfully made.

Section 3. That any person or any such city aggrieved by any such
assessment may apply for relief in the manner provided by section four
hundred and fourteen of the Tax Code of Virginia.

Section 4. That this act shall not apply to the assessment of any real
estate assessable under the law by the State Corporation Commission.

Section 5. That all acts and parts of acts relating to the assessment
of real estate in cities not in conflict with the provisions of this act shall
apply to the assessments made pursuant to this act, and that all acts or
parts of acts in conflict herewith are hereby repealed.

2. An emergency existing, this act shall be in force from its passage.