§ 58.1-2609. Local taxation of land and nonutility and noncarrier improvements of public service corporations; o...
Whenever land and noncarrier and nonutility improvements of public service corporations and other persons with property assessed pursuant to this chapter are appraised for local taxation by comparison to the appraised values placed by local assessors on similar properties in the taxing district, they shall be assessed by application of the local stated ratio of assessments to appraisals, and taxed at the rate applicable to other real property in the taxing district. Such property is hereby defined as a separate item of taxation for such purpose and shall be identified as a separate class of property for local taxation.
(Code 1950, § 58-514.2:3; 1979, c. 160; 1984, c. 675; 1999, c. 971.)
Sections: Previous 58.1-2602 58.1-2603 58.1-2604 58.1-2605 58.1-2606 58.1-2607 58.1-2608 58.1-2609 58.1-2610 58.1-2611 58.1-2612 58.1-2620 58.1-2621 58.1-2626 58.1-2626.1 NextLast modified: April 3, 2009