{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-4607.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-4607.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-4607.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-4607.html"}],"law_id":82648,"edition_id":1,"section_id":82648,"structure_id":13377,"section_number":"15.2-4607","catch_line":"Annual special improvements tax; use of revenues","history":"1997, c. 587.","full_text":"Upon the written request of the district commission made concurrently to both boards of supervisors pursuant to subdivision 8 of \u00a7 15.2-4606, each board of supervisors may levy and collect an annual special improvements tax on taxable real estate zoned for commercial or industrial use or used for such purposes and taxable leasehold interests in that portion of the improvement district within its jurisdiction. Notwithstanding the provisions of Article 4 (\u00a7 58.1-3229 et seq.) of Chapter 32 of Title 58.1, the tax shall be levied upon the assessed fair market value of the taxable real property. The rate of the special improvements tax shall not be more than $0.20 per $100 of the assessed fair market value of any taxable real estate or the assessable value of taxable leasehold property as specified by \u00a7 58.1-3203. Such special improvement taxes shall be collected at the same time and in the same manner as county taxes are collected, and the proceeds shall be kept in a separate account. The effective date of the initial assessment shall be January 1 of the year following adoption of the resolution creating and establishing the district. All revenues received by each county pursuant to such taxes shall be paid to or at the direction of the district commission for its use pursuant to \u00a7\u00a7 15.2-4606 and 15.2-4608.","order_by":null,"text":{"0":{"id":296100,"text":"Upon the written request of the district commission made concurrently to both boards of supervisors pursuant to subdivision 8 of \u00a7 15.2-4606, each board of supervisors may levy and collect an annual special improvements tax on taxable real estate zoned for commercial or industrial use or used for such purposes and taxable leasehold interests in that portion of the improvement district within its jurisdiction. Notwithstanding the provisions of Article 4 (\u00a7 58.1-3229 et seq.) of Chapter 32 of Title 58.1, the tax shall be levied upon the assessed fair market value of the taxable real property. The rate of the special improvements tax shall not be more than $0.20 per $100 of the assessed fair market value of any taxable real estate or the assessable value of taxable leasehold property as specified by \u00a7 58.1-3203. Such special improvement taxes shall be collected at the same time and in the same manner as county taxes are collected, and the proceeds shall be kept in a separate account. The effective date of the initial assessment shall be January 1 of the year following adoption of the resolution creating and establishing the district. All revenues received by each county pursuant to such taxes shall be paid to or at the direction of the district commission for its use pursuant to \u00a7\u00a7 15.2-4606 and 15.2-4608.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13377,"edition_id":1,"name":"General Provisions","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":13376,"metadata":{},"date_created":"2026-06-26 03:44:44","date_modified":"2026-06-26 03:44:44","permalink":{"id":158101,"object_type":"structure","relational_id":13377,"identifier":"1","token":"15.2\/IV\/46\/1","url":"\/15.2\/IV\/46\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13376,"edition_id":1,"name":"Multicounty Transportation Improvement Districts","identifier":"46","label":"chapter","depth":3,"order_by":1,"parent_id":12721,"metadata":{},"date_created":"2026-06-26 03:44:44","date_modified":"2026-06-26 03:44:44","permalink":{"id":158099,"object_type":"structure","relational_id":13376,"identifier":"46","token":"15.2\/IV\/46","url":"\/15.2\/IV\/46\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12721,"edition_id":1,"name":"Other Governmental Entities","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12720,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":157897,"object_type":"structure","relational_id":12721,"identifier":"IV","token":"15.2\/IV","url":"\/15.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12720,"edition_id":1,"name":"Counties, Cities and Towns","identifier":"15.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":151279,"object_type":"structure","relational_id":12720,"identifier":"15.2","token":"15.2","url":"\/15.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":55901,"structure_id":13377,"section_number":"15.2-4600","catch_line":"Short title; application","url":"\/15.2-4600\/","token":"15.2\/IV\/46\/1\/15.2-4600","metadata":false},{"id":54975,"structure_id":13377,"section_number":"15.2-4601","catch_line":"Purpose of chapter","url":"\/15.2-4601\/","token":"15.2\/IV\/46\/1\/15.2-4601","metadata":false},{"id":87059,"structure_id":13377,"section_number":"15.2-4602","catch_line":"Definitions","url":"\/15.2-4602\/","token":"15.2\/IV\/46\/1\/15.2-4602","metadata":false},{"id":74279,"structure_id":13377,"section_number":"15.2-4603","catch_line":"Creation of district; extension of term of district","url":"\/15.2-4603\/","token":"15.2\/IV\/46\/1\/15.2-4603","metadata":false},{"id":62495,"structure_id":13377,"section_number":"15.2-4604","catch_line":"Commission established","url":"\/15.2-4604\/","token":"15.2\/IV\/46\/1\/15.2-4604","metadata":false},{"id":79839,"structure_id":13377,"section_number":"15.2-4605","catch_line":"Creation of district advisory boards","url":"\/15.2-4605\/","token":"15.2\/IV\/46\/1\/15.2-4605","metadata":false},{"id":72993,"structure_id":13377,"section_number":"15.2-4606","catch_line":"Powers and duties of commission","url":"\/15.2-4606\/","token":"15.2\/IV\/46\/1\/15.2-4606","metadata":false},{"id":82648,"structure_id":13377,"section_number":"15.2-4607","catch_line":"Annual special improvements tax; use of revenues","url":"\/15.2-4607\/","token":"15.2\/IV\/46\/1\/15.2-4607","metadata":false},{"id":80742,"structure_id":13377,"section_number":"15.2-4608","catch_line":"Agreements with Commonwealth Transportation Board; payment of special improvements tax to Transportation Trust Fund","url":"\/15.2-4608\/","token":"15.2\/IV\/46\/1\/15.2-4608","metadata":false},{"id":70920,"structure_id":13377,"section_number":"15.2-4609","catch_line":"Jurisdiction of counties and officers, etc., not affected","url":"\/15.2-4609\/","token":"15.2\/IV\/46\/1\/15.2-4609","metadata":false},{"id":54350,"structure_id":13377,"section_number":"15.2-4610","catch_line":"Allocation of funds to local transportation districts","url":"\/15.2-4610\/","token":"15.2\/IV\/46\/1\/15.2-4610","metadata":false},{"id":74894,"structure_id":13377,"section_number":"15.2-4611","catch_line":"Reimbursement for advances to local transportation district","url":"\/15.2-4611\/","token":"15.2\/IV\/46\/1\/15.2-4611","metadata":false},{"id":55984,"structure_id":13377,"section_number":"15.2-4612","catch_line":"Cooperation between districts and other political subdivisions","url":"\/15.2-4612\/","token":"15.2\/IV\/46\/1\/15.2-4612","metadata":false},{"id":60186,"structure_id":13377,"section_number":"15.2-4613","catch_line":"Tort liability","url":"\/15.2-4613\/","token":"15.2\/IV\/46\/1\/15.2-4613","metadata":false},{"id":74548,"structure_id":13377,"section_number":"15.2-4614","catch_line":"Approval by Commonwealth Transportation Board","url":"\/15.2-4614\/","token":"15.2\/IV\/46\/1\/15.2-4614","metadata":false}],"previous_section":{"id":72993,"structure_id":13377,"section_number":"15.2-4606","catch_line":"Powers and duties of commission","url":"\/15.2-4606\/","token":"15.2\/IV\/46\/1\/15.2-4606","metadata":false},"next_section":{"id":80742,"structure_id":13377,"section_number":"15.2-4608","catch_line":"Agreements with Commonwealth Transportation Board; payment of special improvements tax to Transportation Trust Fund","url":"\/15.2-4608\/","token":"15.2\/IV\/46\/1\/15.2-4608","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-4607\/","history_text":"

This law was first created in 1997. The record of its establishment is cataloged in chapter 587<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":[{"id":74279,"section_number":"15.2-4603","catch_line":"Creation of district; extension of term of district","order_by":null,"url":"\/15.2-4603\/"},{"id":79839,"section_number":"15.2-4605","catch_line":"Creation of district advisory boards","order_by":null,"url":"\/15.2-4605\/"},{"id":72993,"section_number":"15.2-4606","catch_line":"Powers and duties of commission","order_by":null,"url":"\/15.2-4606\/"},{"id":84228,"section_number":"58.1-3506","catch_line":"Other classifications of tangible personal property for taxation","order_by":null,"url":"\/58.1-3506\/"}],"refers_to":[{"id":72993,"section_number":"15.2-4606","catch_line":"Powers and duties of commission","order_by":null,"url":"\/15.2-4606\/"},{"id":80742,"section_number":"15.2-4608","catch_line":"Agreements with Commonwealth Transportation Board; payment of special improvements tax to Transportation Trust Fund","order_by":null,"url":"\/15.2-4608\/"},{"id":83715,"section_number":"58.1-3203","catch_line":"Taxation of certain leasehold interests; concessions","order_by":null,"url":"\/58.1-3203\/"},{"id":56646,"section_number":"58.1-3229","catch_line":"Repealed","order_by":null,"url":"\/58.1-3229\/"}],"permalink":{"id":158131,"object_type":"law","relational_id":82648,"identifier":"15.2-4607","token":"15.2\/IV\/46\/1\/15.2-4607","url":"\/15.2-4607\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-4607\/","token":"15.2\/IV\/46\/1\/15.2-4607","dublin_core":{"Title":"Annual special improvements tax; use of revenues","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-4607","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Upon the written request of the district<\/span> commission<\/span> made concurrently to both boards of supervisors pursuant to subdivision 8 of \u00a7 15.2-4606<\/a>, each board of supervisors<\/span> may levy<\/span> and collect an annual special improvements tax on taxable real estate zoned for commercial or industrial use or used for such purposes and taxable leasehold interests in that portion of the improvement district<\/span> within its jurisdiction<\/span>. Notwithstanding the provisions of Article 4 (\u00a7 58.1-3229<\/a> et seq.) of Chapter 32 of Title 58.1, the tax shall be levied upon the assessed fair market value of the taxable real property. The rate of the special improvements tax shall not be more than $0.20 per $100 of the assessed fair market value of any taxable real estate or the assessable value of taxable leasehold property as specified by \u00a7 58.1-3203<\/a>. Such special improvement taxes shall be collected at the same time and in the same manner as county<\/span> taxes are collected, and the proceeds shall be kept in a separate account. The effective date of the initial assessment shall be January 1 of the year following adoption of the resolution creating and establishing the district<\/span>. All revenues<\/span> received by each county<\/span> pursuant to such taxes shall be paid to or at the direction of the district<\/span> commission<\/span> for its use pursuant to \u00a7\u00a7 15.2-4606<\/a> and 15.2-4608<\/a>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nANNUAL SPECIAL IMPROVEMENTS TAX; USE OF REVENUES (\u00a7 15.2-4607)\n\nUpon the written request of the district commission made concurrently to both\nboards of supervisors pursuant to subdivision 8 of \u00a7 15.2-4606, each board of\nsupervisors may levy and collect an annual special improvements tax on taxable\nreal estate zoned for commercial or industrial use or used for such purposes and\ntaxable leasehold interests in that portion of the improvement district within\nits jurisdiction. Notwithstanding the provisions of Article 4 (\u00a7 58.1-3229 et\nseq.) of Chapter 32 of Title 58.1, the tax shall be levied upon the assessed\nfair market value of the taxable real property. The rate of the special\nimprovements tax shall not be more than $0.20 per $100 of the assessed fair\nmarket value of any taxable real estate or the assessable value of taxable\nleasehold property as specified by \u00a7 58.1-3203. Such special improvement taxes\nshall be collected at the same time and in the same manner as county taxes are\ncollected, and the proceeds shall be kept in a separate account. The effective\ndate of the initial assessment shall be January 1 of the year following adoption\nof the resolution creating and establishing the district. All revenues received\nby each county pursuant to such taxes shall be paid to or at the direction of\nthe district commission for its use pursuant to \u00a7\u00a7 15.2-4606 and 15.2-4608.\n\nHISTORY: 1997, c. 587.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}