§ 58.1-3660.1. Certified stormwater management developments and property
A. Certified stormwater management developments and property, as defined herein, are hereby declared to be a separate class of property and shall constitute a classification for local taxation separate from other such classifications of real property. The governing body of any county, city or town may, by ordinance, exempt or partially exempt such property from local taxation.
B. As used in this section, "certified stormwater management developments and property" means any real estate improvements constructed from permeable material, such as, but not limited to, roads, parking lots, patios, and driveways, which are otherwise constructed of impermeable materials, and which the Department of Environmental Quality has certified to be designed, constructed, or reconstructed for the primary purpose of abating or preventing pollution of the atmosphere or waters of the Commonwealth by minimizing stormwater runoff. Permeable material shall be used for at least seventy percent of the surface areas that would otherwise be covered by impermeable materials.
(1996, cc. 581, 595.)Sections: Previous 58.1-3619 58.1-3620 58.1-3621 58.1-3622 58.1-3650 58.1-3650.1 58.1-3651 58.1-3660 58.1-3660.1 58.1-3661 58.1-3662 58.1-3663 58.1-3664 58.1-3665 58.1-3666 Next
Last modified: April 3, 2009