                                 CODE OF VIRGINIA

EFFECTIVE DATE OF PROPERTY TAX EXEMPTION FOR CERTIFIED PROPERTY (§ 58.1-3667)

Except as otherwise explicitly provided under this article, as to any real or
personal property, machinery, equipment, facilities, devices, or real estate
improvements required to be certified by a state or local certifying authority
for tax exemption under this article, once the required certification is made
such property shall be deemed exempt as of the date the property is placed in
service. Nothing in this section shall be interpreted or construed as extending
any limitations period under law for applying for correction of an assessment or
otherwise appealing an assessment.
		The provisions of this section shall not apply to § 58.1-3664.

HISTORY: 2016, c. 35.