                                 CODE OF VIRGINIA

DEFERRAL OF PORTION OF REAL ESTATE TAX INCREASES (§ 58.1-3219)

Any county, city, or town may adopt, by ordinance, a deferral program for real
estate taxes, in such amount as the ordinance may prescribe, subject to the
limitations and conditions of this article. The local governing body shall
adopt, by ordinance, the terms and conditions of the program and whether the
deferral program shall apply only to real estate owned by and occupied as the
sole dwelling of the taxpayer or whether the program shall apply to all
property.

HISTORY: 1990, cc. 858, 871.