State Codes and Statutes
Statutes > Virginia > Title-58-1 > Chapter-26 > 58-1-2609§ 58.1-2609. Local taxation of land and nonutility and noncarrierimprovements of public service corporations; other persons.
Whenever land and noncarrier and nonutility improvements of public servicecorporations and other persons with property assessed pursuant to thischapter are appraised for local taxation by comparison to the appraisedvalues placed by local assessors on similar properties in the taxingdistrict, they shall be assessed by application of the local stated ratio ofassessments to appraisals, and taxed at the rate applicable to other realproperty in the taxing district. Such property is hereby defined as aseparate item of taxation for such purpose and shall be identified as aseparate class of property for local taxation.
(Code 1950, § 58-514.2:3; 1979, c. 160; 1984, c. 675; 1999, c. 971.)
