Property Tax Exemption for Elderly & Disabled
Amends
Article X. Taxation and Finance
Section 6. Exempt property
Summary
This measure aims to provide some financial help to the elderly and disabled by exempting their primary residence from property taxes.
Shall Section 6 of Article X of the Constitution of Virginia be amended to authorize the General Assembly to permit certain tax exemptions for personal property which is designed for continuous habitation, owned and used by persons not less than sixty-five or disabled?
- First resolution – HJR52 – 1979
- Second resolution – HJR43 – 1980
- Referendum legislation – H64 – 1980
Article X. Taxation and Finance
Section 6. Exempt property
(a) Except as otherwise provided in this Constitution, the following property and no other shall be exempt from taxation, State and local, including inheritance taxes:
[…]
(b) The General Assembly may by general law authorize the governing body of any county, city, town, or regional government to provide for the exemption from local real property taxation, or a portion thereof, within such restrictions and upon such conditions as may be prescribed, of real estate and personal property designed for continuous habitation owned by, and occupied as the sole dwelling of, persons not less than sixty-five years of age or persons permanently and totally disabled as established by general law who are deemed by the General Assembly to be bearing an extraordinary tax burden on said real estate property in relation to their income and financial worth.
https://law.lis.virginia.gov/constitution/article10/section6/
