                                 CODE OF VIRGINIA

DIFFERENT RATES OF LEVY ON DIFFERENT CLASSES OF PROPERTY (§ 58.1-3008)

The governing body of any county, city or town in laying levies on taxable real
estate, tangible personal property and merchants&#8217; capital may impose
different rates of levy on real estate, merchants&#8217; capital, tangible
personal property or any separate class thereof authorized under Chapter 35 (§
58.1-3500 et seq.), and machinery and tools, or it may impose the same rate of
levy on any or all of these subjects of taxation. Such rates shall conform to
the requirements set forth in such Chapter 35.

HISTORY: Code 1950, § 58-851.2; 1952, c. 507; 1970, c. 748; 1984, c. 675.