{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-3524.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-3524.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-3524.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-3524.html"}],"law_id":54791,"edition_id":1,"section_id":54791,"structure_id":13781,"section_number":"58.1-3524","catch_line":"Tangible personal property tax relief; local tax rates on vehicles qualifying for tangible personal property tax relief","history":"1998, Sp. Sess. I, c. 2; 2004, Sp. Sess. I, c. 1; 2015, c. 266.","full_text":"A\n\nFor tax year 2006 and all tax years thereafter, counties, cities, and towns shall be reimbursed by the Commonwealth for providing the required tangible personal property tax relief as set forth herein.B\n\nFor tax year 2006 and all tax years thereafter, the Commonwealth shall pay a total of $950 million for each such tax year in reimbursements to localities for providing the required tangible personal property tax relief on qualifying vehicles in subsection C. No other amount shall be paid to counties, cities, and towns for providing tangible personal property tax relief on qualifying vehicles. Each county’s, city’s, or town’s share of the $950 million for each such tax year shall be determined pro rata based upon the actual payments to such county, city, or town pursuant to this chapter for tax year 2005 as compared to the actual payments to all counties, cities, and towns pursuant to this chapter for tax year 2005, as certified in writing by the Auditor of Public Accounts no later than March 1, 2006, to the Governor and to the chairmen of the Senate Committee on Finance and Appropriations and the House Committee on Appropriations. The amount reimbursed to a particular county, city, or town for tax year 2006 for providing tangible personal property tax relief shall be the same amount reimbursed to such county, city, or town for each subsequent tax year.\n\t\t\tThe reimbursement to each county, city, or town for tax year 2006 shall be paid by the Commonwealth over the 12-month period beginning with the month of July 2006 and ending with the month of June 2007, as provided in the general appropriation act. For all tax years subsequent to tax year 2006, reimbursements shall be paid over the same 12-month period. All reimbursement payments shall be made by check issued by the State Treasurer to the respective treasurer of the county, city, or town on warrant of the Comptroller.C\n\nFor tax year 2006 and all tax years thereafter, each county, city, or town that will receive a reimbursement from the Commonwealth pursuant to subsection B shall provide tangible personal property tax relief on qualifying vehicles by reducing its local tax rate on qualifying vehicles as follows:1\n\nThe local governing body of each county, city, or town shall fix or establish its tangible personal property tax rate for its general class of tangible personal property, which rate shall also be applied to that portion of the value of each qualifying vehicle that is in excess of $20,000.2\n\nAfter fixing or establishing its tangible personal property tax rate for its general class of tangible personal property, the local governing body of the county, city, or town shall fix or establish one or more reduced tax rates (lower than the rate applied to the general class of tangible personal property) that shall be applied solely to that portion of the value of each qualifying vehicle that is not in excess of $20,000. No other tangible personal property tax rate shall be applied to that portion of the value of each qualifying vehicle that is not in excess of $20,000. Such reduced tax rate or rates shall be set at an effective tax rate or rates such that (i) the revenue to be received from such reduced tax rate or rates on that portion of the value of qualifying vehicles not in excess of $20,000 plus (ii) the revenue to be received on that portion of the value of qualifying vehicles in excess of $20,000 plus (iii) the Commonwealth’s reimbursement is approximately equal to the total revenue that would have been received by the county, city, or town from its tangible personal property tax had the tax rate for its general class of tangible personal property been applied to 100 percent of the value of all qualifying vehicles.3\n\nNotwithstanding the provisions of subdivisions 1 and 2, beginning with tax year 2016, each county, city, and town that receives reimbursement shall ensure that the reimbursement pays for all of the tax attributable to the first $20,000 of value on each qualifying vehicle leased by an active duty member of the United States military, his spouse, or both, pursuant to a contract requiring him, his spouse, or both to pay the tangible personal property tax on such vehicle. The provisions of this subdivision apply only to a vehicle that would not be taxed in Virginia if the vehicle were owned by such military member, his spouse, or both.D\n\nOn or before the date the certified personal property tax book is required by § 58.1-3118 to be provided to the treasurer, the commissioner of the revenue shall identify each qualifying vehicle and its value to the treasurer of the locality.E\n\nThe provisions of this section are mandatory for any county, city, or town that will receive a reimbursement pursuant to subsection B.","order_by":null,"text":{"0":{"id":201071,"text":"For tax year 2006 and all tax years thereafter, counties, cities, and towns shall be reimbursed by the Commonwealth for providing the required tangible personal property tax relief as set forth herein.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":201072,"text":"For tax year 2006 and all tax years thereafter, the Commonwealth shall pay a total of $950 million for each such tax year in reimbursements to localities for providing the required tangible personal property tax relief on qualifying vehicles in subsection C. No other amount shall be paid to counties, cities, and towns for providing tangible personal property tax relief on qualifying vehicles. Each county’s, city’s, or town’s share of the $950 million for each such tax year shall be determined pro rata based upon the actual payments to such county, city, or town pursuant to this chapter for tax year 2005 as compared to the actual payments to all counties, cities, and towns pursuant to this chapter for tax year 2005, as certified in writing by the Auditor of Public Accounts no later than March 1, 2006, to the Governor and to the chairmen of the Senate Committee on Finance and Appropriations and the House Committee on Appropriations. The amount reimbursed to a particular county, city, or town for tax year 2006 for providing tangible personal property tax relief shall be the same amount reimbursed to such county, city, or town for each subsequent tax year.\n\t\t\tThe reimbursement to each county, city, or town for tax year 2006 shall be paid by the Commonwealth over the 12-month period beginning with the month of July 2006 and ending with the month of June 2007, as provided in the general appropriation act. For all tax years subsequent to tax year 2006, reimbursements shall be paid over the same 12-month period. All reimbursement payments shall be made by check issued by the State Treasurer to the respective treasurer of the county, city, or town on warrant of the Comptroller.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":201073,"text":"For tax year 2006 and all tax years thereafter, each county, city, or town that will receive a reimbursement from the Commonwealth pursuant to subsection B shall provide tangible personal property tax relief on qualifying vehicles by reducing its local tax rate on qualifying vehicles as follows:","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"C1"},"3":{"id":201074,"text":"The local governing body of each county, city, or town shall fix or establish its tangible personal property tax rate for its general class of tangible personal property, which rate shall also be applied to that portion of the value of each qualifying vehicle that is in excess of $20,000.","type":"section","prefixes":["C","1"],"prefix":"1","entire_prefix":"C1","prefix_anchor":"C1","level":2,"prior_prefix":"C","next_prefix":"C2"},"4":{"id":201075,"text":"After fixing or establishing its tangible personal property tax rate for its general class of tangible personal property, the local governing body of the county, city, or town shall fix or establish one or more reduced tax rates (lower than the rate applied to the general class of tangible personal property) that shall be applied solely to that portion of the value of each qualifying vehicle that is not in excess of $20,000. No other tangible personal property tax rate shall be applied to that portion of the value of each qualifying vehicle that is not in excess of $20,000. Such reduced tax rate or rates shall be set at an effective tax rate or rates such that (i) the revenue to be received from such reduced tax rate or rates on that portion of the value of qualifying vehicles not in excess of $20,000 plus (ii) the revenue to be received on that portion of the value of qualifying vehicles in excess of $20,000 plus (iii) the Commonwealth’s reimbursement is approximately equal to the total revenue that would have been received by the county, city, or town from its tangible personal property tax had the tax rate for its general class of tangible personal property been applied to 100 percent of the value of all qualifying vehicles.","type":"section","prefixes":["C","2"],"prefix":"2","entire_prefix":"C2","prefix_anchor":"C2","level":2,"prior_prefix":"C1","next_prefix":"C3"},"5":{"id":201076,"text":"Notwithstanding the provisions of subdivisions 1 and 2, beginning with tax year 2016, each county, city, and town that receives reimbursement shall ensure that the reimbursement pays for all of the tax attributable to the first $20,000 of value on each qualifying vehicle leased by an active duty member of the United States military, his spouse, or both, pursuant to a contract requiring him, his spouse, or both to pay the tangible personal property tax on such vehicle. The provisions of this subdivision apply only to a vehicle that would not be taxed in Virginia if the vehicle were owned by such military member, his spouse, or both.","type":"section","prefixes":["C","3"],"prefix":"3","entire_prefix":"C3","prefix_anchor":"C3","level":2,"prior_prefix":"C2","next_prefix":"D"},"6":{"id":201077,"text":"On or before the date the certified personal property tax book is required by § 58.1-3118 to be provided to the treasurer, the commissioner of the revenue shall identify each qualifying vehicle and its value to the treasurer of the locality.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C3","next_prefix":"E"},"7":{"id":201078,"text":"The provisions of this section are mandatory for any county, city, or town that will receive a reimbursement pursuant to subsection B.","type":"section","prefixes":["E"],"prefix":"E","entire_prefix":"E","prefix_anchor":"E","level":1,"prior_prefix":"D"}},"ancestry":[{"id":13781,"edition_id":1,"name":"Personal Property Tax Relief","identifier":"35.1","label":"chapter","depth":3,"order_by":1,"parent_id":12704,"metadata":{},"date_created":"2026-06-26 03:45:51","date_modified":"2026-06-26 03:45:51","permalink":{"id":257939,"object_type":"structure","relational_id":13781,"identifier":"35.1","token":"58.1\/III\/35.1","url":"\/58.1\/III\/35.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12704,"edition_id":1,"name":"Local Taxes","identifier":"III","label":"subtitle","depth":2,"order_by":1,"parent_id":12703,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":256459,"object_type":"structure","relational_id":12704,"identifier":"III","token":"58.1\/III","url":"\/58.1\/III\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12703,"edition_id":1,"name":"Taxation","identifier":"58.1","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":251959,"object_type":"structure","relational_id":12703,"identifier":"58.1","token":"58.1","url":"\/58.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":58763,"structure_id":13781,"section_number":"58.1-3523","catch_line":"Definitions","url":"\/58.1-3523\/","token":"58.1\/III\/35.1\/58.1-3523","metadata":false},{"id":54791,"structure_id":13781,"section_number":"58.1-3524","catch_line":"Tangible personal property tax relief; local tax rates on vehicles qualifying for tangible personal property tax relief","url":"\/58.1-3524\/","token":"58.1\/III\/35.1\/58.1-3524","metadata":false},{"id":60128,"structure_id":13781,"section_number":"58.1-3525","catch_line":"Repealed","url":"\/58.1-3525\/","token":"58.1\/III\/35.1\/58.1-3525","metadata":false},{"id":61108,"structure_id":13781,"section_number":"58.1-3534","catch_line":"Department to furnish information to commissioners of revenue","url":"\/58.1-3534\/","token":"58.1\/III\/35.1\/58.1-3534","metadata":false},{"id":81454,"structure_id":13781,"section_number":"58.1-3535","catch_line":"Commissioner of the revenue to furnish information to the treasurer","url":"\/58.1-3535\/","token":"58.1\/III\/35.1\/58.1-3535","metadata":false},{"id":68724,"structure_id":13781,"section_number":"58.1-3536","catch_line":"Repealed","url":"\/58.1-3536\/","token":"58.1\/III\/35.1\/58.1-3536","metadata":false}],"previous_section":{"id":58763,"structure_id":13781,"section_number":"58.1-3523","catch_line":"Definitions","url":"\/58.1-3523\/","token":"58.1\/III\/35.1\/58.1-3523","metadata":false},"next_section":{"id":60128,"structure_id":13781,"section_number":"58.1-3525","catch_line":"Repealed","url":"\/58.1-3525\/","token":"58.1\/III\/35.1\/58.1-3525","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-3524\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2015, chapter 266<\/a>.<\/p>","references":[{"id":78041,"section_number":"30-133","catch_line":"Duties and powers generally","order_by":null,"url":"\/30-133\/"},{"id":78988,"section_number":"58.1-3912","catch_line":"Local tax officials to mail certain tax documents to taxpayers; penalties; electronic transmission","order_by":null,"url":"\/58.1-3912\/"}],"refers_to":[{"id":86733,"section_number":"58.1-3118","catch_line":"Commissioner to retain original personal property book; reproduction of book; disposition of copies","order_by":null,"url":"\/58.1-3118\/"}],"permalink":{"id":257945,"object_type":"law","relational_id":54791,"identifier":"58.1-3524","token":"58.1\/III\/35.1\/58.1-3524","url":"\/58.1-3524\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-3524\/","token":"58.1\/III\/35.1\/58.1-3524","dublin_core":{"Title":"Tangible personal property tax relief; local tax rates on vehicles qualifying for tangible personal property tax relief","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-3524","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> For tax year<\/span> 2006 and all tax years<\/span> thereafter, counties, cities, and towns shall be reimbursed by the Commonwealth for providing the required tangible personal property tax<\/span> relief as set forth herein. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> For tax year<\/span> 2006 and all tax years<\/span> thereafter, the Commonwealth shall pay a total of $950 million for each such tax year<\/span> in reimbursements to localities for providing the required tangible personal property tax<\/span> relief on qualifying vehicles<\/span> in subsection C. No other amount shall be paid to counties, cities, and towns for providing tangible personal property tax<\/span> relief on qualifying vehicles<\/span>. Each county’s, city’s, or town’s share of the $950 million for each such tax year<\/span> shall be determined pro rata based upon the actual payments to such county, city, or town pursuant to this chapter for tax year<\/span> 2005 as compared to the actual payments to all counties, cities, and towns pursuant to this chapter for tax year<\/span> 2005, as certified in writing by the Auditor of Public Accounts no later than March 1, 2006, to the Governor and to the chairmen of the Senate Committee on Finance and Appropriations and the House Committee on Appropriations. The amount reimbursed to a particular county, city, or town for tax year<\/span> 2006 for providing tangible personal property tax<\/span> relief shall be the same amount reimbursed to such county, city, or town for each subsequent tax year<\/span>.\n\t\t\tThe reimbursement to each county, city, or town for tax year<\/span> 2006 shall be paid by the Commonwealth over the 12-month period beginning with the month of July 2006 and ending with the month of June 2007, as provided in the general appropriation act. For all tax years<\/span> subsequent to tax year<\/span> 2006, reimbursements shall be paid over the same 12-month period. All reimbursement payments shall be made by check issued by the State Treasurer<\/span> to the respective treasurer<\/span> of the county, city, or town on warrant of the Comptroller. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> For tax year<\/span> 2006 and all tax years<\/span> thereafter, each county, city, or town that will receive a reimbursement from the Commonwealth pursuant to subsection B shall provide tangible personal property tax<\/span> relief on qualifying vehicles<\/span> by reducing its local tax rate on qualifying vehicles<\/span> as follows: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> The local governing body of each county, city, or town shall fix or establish its tangible personal property tax<\/span> rate for its general class of tangible personal property, which rate shall also be applied to that portion of the value<\/span> of each qualifying vehicle<\/span> that is in excess of $20,000. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> After fixing or establishing its tangible personal property tax<\/span> rate for its general class of tangible personal property, the local governing body of the county, city, or town shall fix or establish one or more reduced tax rates (lower than the rate applied to the general class of tangible personal property) that shall be applied solely to that portion of the value<\/span> of each qualifying vehicle<\/span> that is not in excess of $20,000. No other tangible personal property tax<\/span> rate shall be applied to that portion of the value<\/span> of each qualifying vehicle<\/span> that is not in excess of $20,000. Such reduced tax rate or rates shall be set at an effective tax rate<\/span> or rates such that (i) the revenue to be received from such reduced tax rate or rates on that portion of the value<\/span> of qualifying vehicles<\/span> not in excess of $20,000 plus (ii) the revenue to be received on that portion of the value<\/span> of qualifying vehicles<\/span> in excess of $20,000 plus (iii) the Commonwealth’s reimbursement is approximately equal to the total revenue that would have been received by the county, city, or town from its tangible personal property tax<\/span> had the tax rate for its general class of tangible personal property been applied to 100 percent of the value<\/span> of all qualifying vehicles<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Notwithstanding the provisions of subdivisions 1 and 2, beginning with tax year<\/span> 2016, each county, city, and town that receives reimbursement shall ensure that the reimbursement pays for all of the tax attributable to the first $20,000 of value<\/span> on each qualifying vehicle<\/span> leased<\/span> by an active duty member of the United States military, his spouse, or both, pursuant to a contract<\/span> requiring him, his spouse, or both to pay the tangible personal property tax<\/span> on such vehicle. The provisions of this subdivision apply only to a vehicle that would not be taxed in Virginia if the vehicle were owned by such military member, his spouse, or both. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> On or before the date the certified personal property tax book is required by § 58.1-3118<\/a> to be provided to the treasurer<\/span>, the commissioner of the revenue<\/span> shall identify each qualifying vehicle<\/span> and its value<\/span> to the treasurer<\/span> of the locality. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

E.<\/span> The provisions of this section are mandatory for any county, city, or town that will receive a reimbursement pursuant to subsection B. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nTANGIBLE PERSONAL PROPERTY TAX RELIEF; LOCAL TAX RATES ON VEHICLES QUALIFYING\nFOR TANGIBLE PERSONAL PROPERTY TAX RELIEF (\u00a7 58.1-3524)\n\nA. For tax year 2006 and all tax years thereafter, counties, cities, and towns\nshall be reimbursed by the Commonwealth for providing the required tangible\npersonal property tax relief as set forth herein.\n\nB. For tax year 2006 and all tax years thereafter, the Commonwealth shall pay a\ntotal of $950 million for each such tax year in reimbursements to localities for\nproviding the required tangible personal property tax relief on qualifying\nvehicles in subsection C. No other amount shall be paid to counties, cities, and\ntowns for providing tangible personal property tax relief on qualifying\nvehicles. Each county’s, city’s, or town’s share of the $950\nmillion for each such tax year shall be determined pro rata based upon the\nactual payments to such county, city, or town pursuant to this chapter for tax\nyear 2005 as compared to the actual payments to all counties, cities, and towns\npursuant to this chapter for tax year 2005, as certified in writing by the\nAuditor of Public Accounts no later than March 1, 2006, to the Governor and to\nthe chairmen of the Senate Committee on Finance and Appropriations and the House\nCommittee on Appropriations. The amount reimbursed to a particular county, city,\nor town for tax year 2006 for providing tangible personal property tax relief\nshall be the same amount reimbursed to such county, city, or town for each\nsubsequent tax year.\n\t\t\tThe reimbursement to each county, city, or town for tax year 2006 shall be\npaid by the Commonwealth over the 12-month period beginning with the month of\nJuly 2006 and ending with the month of June 2007, as provided in the general\nappropriation act. For all tax years subsequent to tax year 2006, reimbursements\nshall be paid over the same 12-month period. All reimbursement payments shall be\nmade by check issued by the State Treasurer to the respective treasurer of the\ncounty, city, or town on warrant of the Comptroller.\n\nC. For tax year 2006 and all tax years thereafter, each county, city, or town\nthat will receive a reimbursement from the Commonwealth pursuant to subsection B\nshall provide tangible personal property tax relief on qualifying vehicles by\nreducing its local tax rate on qualifying vehicles as follows:\n\n 1. The local governing body of each county, city, or town shall fix or\n establish its tangible personal property tax rate for its general class of\n tangible personal property, which rate shall also be applied to that portion\n of the value of each qualifying vehicle that is in excess of $20,000.\n\n 2. After fixing or establishing its tangible personal property tax rate for\n its general class of tangible personal property, the local governing body of\n the county, city, or town shall fix or establish one or more reduced tax rates\n (lower than the rate applied to the general class of tangible personal\n property) that shall be applied solely to that portion of the value of each\n qualifying vehicle that is not in excess of $20,000. No other tangible\n personal property tax rate shall be applied to that portion of the value of\n each qualifying vehicle that is not in excess of $20,000. Such reduced tax\n rate or rates shall be set at an effective tax rate or rates such that (i) the\n revenue to be received from such reduced tax rate or rates on that portion of\n the value of qualifying vehicles not in excess of $20,000 plus (ii) the\n revenue to be received on that portion of the value of qualifying vehicles in\n excess of $20,000 plus (iii) the Commonwealth’s reimbursement is\n approximately equal to the total revenue that would have been received by the\n county, city, or town from its tangible personal property tax had the tax rate\n for its general class of tangible personal property been applied to 100\n percent of the value of all qualifying vehicles.\n\n 3. Notwithstanding the provisions of subdivisions 1 and 2, beginning with tax\n year 2016, each county, city, and town that receives reimbursement shall\n ensure that the reimbursement pays for all of the tax attributable to the\n first $20,000 of value on each qualifying vehicle leased by an active duty\n member of the United States military, his spouse, or both, pursuant to a\n contract requiring him, his spouse, or both to pay the tangible personal\n property tax on such vehicle. The provisions of this subdivision apply only to\n a vehicle that would not be taxed in Virginia if the vehicle were owned by\n such military member, his spouse, or both.\n\nD. On or before the date the certified personal property tax book is required by\n§ 58.1-3118 to be provided to the treasurer, the commissioner of the\nrevenue shall identify each qualifying vehicle and its value to the treasurer of\nthe locality.\n\nE. The provisions of this section are mandatory for any county, city, or town\nthat will receive a reimbursement pursuant to subsection B.\n\nHISTORY: 1998, Sp. Sess. I, c. 2; 2004, Sp. Sess. I, c. 1; 2015, c. 266.","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}}