[Adopted 7-18-2012]
Pursuant to § 58.1-3506, Subsection A14, of the Code
of Virginia 1950, as amended, motor vehicles specially equipped to
provide transportation for physically handicapped individuals shall
be designated as a separate class of tangible personal property from
other classifications of tangible personal property and shall be assessed
an annual personal property rate as established by the Board. The
County Administrator with the advice of the Commissioner of the Revenue
shall develop guidelines for the proper administration of this article,
including the type of motor vehicles that qualify for this separate
classification.
[Amended at time of adoption of Code (see Ch. 1, General
Provisions, Art. I)]
Motor vehicles specially equipped to provide transportation
for physically handicapped individuals shall be assessed at a rate
of $0.50; and, in future tax years, the rate for this separate classification
shall be set at the time the other tax rates are established by the
Board as a part of the annual budget process.
This article, as approved by the Board of Supervisors upon due
consideration and after all required public notice and hearing, shall
take effect immediately this 18th day of July 2012.
