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Virginia General Assembly · HB 474 · Acts of Assembly Chapter 151

Real estate with delinquent taxes or liens; apptmt. of special commissioner, increases value.

Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.

Officially: “An Act to amend and reenact § 58.1-3970.1 of the Code of Virginia, relating to real estate with delinquent taxes or liens; appointment of special commissioner; increases required value. Read the full text

2026 session

What it does

Real estate with delinquent taxes or liens; appointment of special commissioner; increases required value. Increases from $75,000 to $125,000 the maximum assessment that an individual parcel of land may be valued at to be subject to a locality's appointment of a special commissioner to convey property with delinquent taxes or liens to the locality, to the locality's land bank entity, or to an existing nonprofit entity designated by the locality to carry out the functions of a land bank
From the official legislative record, shown verbatim. Not legal advice.

Where it is

Introduced · Jan 12, 2026
Acts of Assembly Chapter 151 (latest official status)
Latest official status shown, exactly as the official record states it. The step by step history lives on the official page linked below.

The numbers

1
sponsor on the bill

Sponsors

Sam Rasoul

Recorded votes

Passed Senate (37-Y 0-N 0-A)Senate · 2026-02-27 · P · Y 37, X 3
Passed by for the day Block Vote (Voice Vote)Senate · 2026-02-26 · P · X 40
Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)Senate · 2026-02-26 · P · Y 40
Reported from Finance and Appropriations (14-Y 0-N)Senate · 2026-02-25 · P · Y 14, X 1
Read third time and passed House (97-Y 0-N 0-A)House of Delegates · 2026-02-03 · P · Y 97, X 3
Reported from Finance with amendment(s) (22-Y 0-N)House of Delegates · 2026-01-28 · P · Y 22
Subcommittee recommends reporting with amendment(s) (10-Y 0-N)House of Delegates · 2026-01-27 · P · Y 10
Roll-call results shown verbatim from the Virginia legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Acts of Assembly Chapter 151.