Legislation # 07-0368 Enactment Number none
Type Ordinance - Coded Effective Date none
Introduction Date 6/20/2007
Title Ordinance to Amend the Code of the City of Hampton, Chapter 37, Article II, Division 6, entitled “EXEMPTION OR DEFERRAL FOR ELDERLY AND DISABLED PERSONS” by Amending and Re-enacting Section 37-123 entitled “AMOUNT OF EXEMPTION.”
 
Legislation History 07-0368
DateNotice Of ActionDescription
6/20/2007 Adopted on First and Final Reading
6/20/2007 Moved to waive second reading.
6/13/2007 Received By Clerk's Office
 
View Attachments 07-0368
FileTypeSizeDescription
Chapter 37 Taxation - Section 37-123 - REDLINE - June 12 2007.doc Exhibit 27K Redline Version of Ordinance
 
Legislation Text 07-0368

 

City of Hampton, Virginia

Ordinance - Coded

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 07-0368

 

Enactment Number: -

 

Ordinance to Amend the Code of the City of Hampton, Chapter 37, Article II, Division 6, entitled EXEMPTION OR DEFERRAL FOR ELDERLY AND DISABLED PERSONS by Amending and Re-enacting Section 37-123 entitled AMOUNT OF EXEMPTION.

 

 

DIVISION 6. EXEMPTION OR DEFERRAL FOR ELDERLY AND DISABLED PERSONS.

 

Sec. 37-123. Amount of exemption.

 

(a) A person qualifying for and claiming exemption, whose total combined income is between twenty-five thousand one dollars ($25,001.00) and thirty-one thousand dollars ($31,000.00) during the calendar year immediately preceding the taxable year, shall be partially exempt from the entire amount of the real estate taxes assessed against such property. The amount of partial exemption shall be shown on the following schedule:

 

Combined income Percent of Tax Relieved

$0 to $25,000 100%

$25,001 to $27,000 75%

$27,001 to $29,000 50%

$29,001 to $31,000 25%

 

(b) A person qualifying for and claiming exemption and who has a gross income during the year immediately preceding the taxable year in an amount not to exceed twenty-five thousand dollars ($25,000.00) shall be exempt from the entire amount of the real estate taxes assessed against such property.

 

(c) No lien shall accrue as a result of the amount certified as exempt under this section.

(Ord. No. 1401, 5-25-05)

 

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia held on June 20, 2007.

 

 

 

Signed by Date

Ross A. Kearney, II, Mayor

 

 

 

Attested by Date

Katherine K. Glass

Clerk of the Council