Real property tax; exemption surviving spouses of members of armed forces who died in line of duty.

Summary

The bill lets Virginia localities provide a total exemption from real‑property taxes for homes owned by surviving spouses of armed‑forces members who died on duty, as long as the homes are single‑family residences. The exemption cannot exceed the average assessed value for comparable homes, matching the current limitation. It takes effect for tax years beginning on or after January 1, 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share