Virginia Headlines

General Assembly Approves AOBA-Sponsored Tax Reform Legislation

 

  Good news! The Virginia Senate and House of Delegates have approved legislation introduced at AOBA’s request to reform the manner in which certain property tax assessments and appeals are conducted.  This legislation was introduced in response to concerns voiced by AOBA members and should vastly improve what has become a daunting and intimidating process for commercial and multifamily residential property owners and managers.  The bill will now be communicated to the Governor's office to be signed into law.