58.1-3605 - Triennial application for exemption; removal by local governing body. - Virginia Statutes

§ 58.1-3605. Triennial application for exemption; removal by local governingbody.

The governing body of any county, city or town, after giving sixty days'written notice, may require by local ordinance any entity, except theCommonwealth, any political subdivision of the Commonwealth, or the UnitedStates, which owns real and personal property exempt pursuant to this chapterto file triennially an application with the appropriate assessing officer asa requirement for retention of the exempt status of the property. Suchapplication shall show the ownership and usage of such property and shall befiled within the next sixty days preceding the tax year for which suchexemption, or the retention thereof, is sought.

The local governing body may submit to the General Assembly a list of thoseorganizations whose property is designated as tax exempt under § 58.1-3650.1et seq. which the local governing body wants to remove from its exemptproperty list. Legislation including such a list must be introduced no laterthan the first calendar day of any session of the General Assembly unlessrequested by the Governor.

(Code 1950, § 58-14.2; 1975, c. 613; 1984, c. 675; 1995, c. 346.)