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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>76582</law_id><section_number>58.1-3232</section_number><catch_line>Authority of city to provide for assessment and taxation of real estate in newly annexed area</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>10.1-1011</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="58.1">Taxation</unit><unit label="subtitle" level="2" order_by="1" identifier="III">Local Taxes</unit><unit label="chapter" level="3" order_by="1" identifier="32">Real Property Tax</unit><unit label="article" level="4" order_by="1" identifier="4">Special Assessment for Land Preservation</unit></structure><text>
						<section><p>The council of any city may adopt an <span class="dictionary">ordinance</span> to provide for the assessment and taxation of only the real estate in an area newly annexed to such city in accord with the provisions of this article. All of the provisions of this article shall be applicable to such <span class="dictionary">ordinance</span>, except that if the county from which such area was annexed has in operation an <span class="dictionary">ordinance</span> hereunder, the <span class="dictionary">ordinance</span> of such city may be adopted at any time prior to April 1 of the year for which such <span class="dictionary">ordinance</span> will be effective, and applications from landowners may be received at any time within thirty days of the adoption of the <span class="dictionary">ordinance</span> in such year. If such <span class="dictionary">ordinance</span> is adopted after the date specified in &#xA7;&#xA0;<a class="law" title="Authority of counties, cities and towns to adopt ordinances; general reassessment following adoption of ordinance" href="/58.1-3231/">58.1-3231</a>, the ranges of suggested values made by the State Land Evaluation Advisory Council for the county from which such area was annexed are to be considered the value recommendations for such city. An <span class="dictionary">ordinance</span> adopted under the authority of this section shall be effective only for the tax year immediately following annexation.</p></section></text><history>Code 1950, &#xA7; 58-769.6:1; 1976, c. 58; 1984, c. 675.</history><metadata></metadata></law>
