                                 CODE OF VIRGINIA

STATE LAND EVALUATION ADVISORY COMMITTEE CONTINUED AS STATE LAND EVALUATION
ADVISORY COUNCIL; MEMBERSHIP; DUTIES; ORDINANCES TO BE FILED WITH COUNCIL (§
58.1-3239)

The State Land Evaluation Advisory Committee is continued and shall hereafter be
known as the State Land Evaluation Advisory Council. The Advisory Council shall
be composed of the Tax Commissioner, the dean of the College of Agriculture of
Virginia Polytechnic Institute and State University, the State Forester, the
Commissioner of Agriculture and Consumer Services and the Director of the
Department of Conservation and Recreation.
		The Advisory Council shall determine and publish a range of suggested values
for each of the several soil conservation service land capability
classifications for agricultural, horticultural, forest and open space uses in
the various areas of the Commonwealth as needed to carry out the provisions of
this article.
		On or before October 1 of each year the Advisory Council shall submit
recommended ranges of suggested values to be effective the following January 1
or July 1 in the case of localities with fiscal year assessment under the
authority of Chapter 30 of this subtitle, within each locality which has adopted
an ordinance pursuant to the provisions of this article based on the productive
earning power of real estate devoted to agricultural, horticultural, forest and
open space uses and make such recommended ranges available to the commissioner
of the revenue or duly appointed assessor in each such locality.
		The Advisory Council, in determining such ranges of values, shall base the
determination on productive earning power to be determined by capitalization of
warranted cash rents or by the capitalization of incomes of like real estate in
the locality or a reasonable area of the locality.
		Any locality adopting an ordinance pursuant to this article shall forthwith
file a copy thereof with the Advisory Council.

HISTORY: Code 1950, § 58-769.11; 1971, Ex. Sess., c. 172; 1976, c. 55; 1979, c.
152; 1984, cc. 675, 739, 750; 1985, c. 448; 1987, c. 550; 1989, c. 656.