reglab/housing_qa huggingface dataset:
VA Code § 58.1-3502 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3502. Tangible personal property leased, loaned, or otherwise made available to a private party from agency of federal, state or local government

Any person, firm, association, unincorporated company, or corporation engaged in business for profit who or which leases, borrows or otherwise has made available to it any tangible personal property to be used in such business from any agency or political subdivision of the federal, state or local governments shall be liable to local taxation, unless otherwise exempted or partially exempted by state or local laws, to the same extent, in the same manner, and on the same basis as if the lessee were the owner thereof. This section shall not apply to any such property owned by the Virginia Port Authority and leased in connection with the operation of piers and marine terminals and related facilities, or to property owned by any transportation district organized under the Transportation District Act of 1964 (§ 33.2-1900 et seq.) and leased to provide transportation services.Code 1950, § 58-831.2; 1960, c. 239; 1975, c. 504; 1980, c. 382; 1981, c. 442; 1984, c. 675.
VA Code § 58.1-3504 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3504. Classification of certain household goods and personal effects for taxation; governing body may exempt

A. Notwithstanding any provision of § 58.1-3503, household goods and personal effects are hereby defined as separate items of taxation and classified as follows:1. Bicycles.2. Household and kitchen furniture, including gold and silver plates, plated ware, watches and clocks, sewing machines, refrigerators, automatic refrigerating machinery of any type, vacuum cleaners and all other household machinery, books, firearms and weapons of all kinds.3. Pianos, organs, and all other musical instruments; phonographs, record players, and records to be used therewith; and radio and television instruments and equipment.4. Oil paintings, pictures, statuary, curios, articles of virtu and works of art.5. Diamonds, cameos or other precious stones and all precious metals used as ornaments or jewelry.6. Sporting and photographic equipment.7. Clothing and objects of apparel.8. Antique motor vehicles as defined in § 46.2-100 which may not be used for general transportation purposes.9. All-terrain vehicles, mopeds, and off-road motorcycles as defined in § 46.2-100.10. Electronic communications and processing devices and equipment, including but not limited to cell phones and tablet and personal computers, including peripheral equipment such as printers.11. All other tangible personal property used by an individual or a family or household incident to maintaining an abode.The classification above set forth shall apply only to such property owned and used by an individual or by a family or household primarily incident to maintaining an abode.The governing body of any county, city or town may, by ordinance duly adopted, exempt from taxation all of the above classes of household goods and personal effects.B. Notwithstanding any provision set forth above, household appliances in residential rental property used by an individual or by a family or household incident to maintaining an abode shall be deemed to be fixtures and shall be assessed as part of the real property in which they are located.For purposes of this subsection, "household appliances" shall mean all major appliances customarily used in a residential home and which are the property of the owner of the real estate, including, without limitation, refrigerators, stoves, ranges, microwave ovens, dishwashers, trash compactors, clothes dryers, garbage disposals and air conditioning units.Code 1950, § 58-829.1; 1958, c. 72; 1984, cc. 675, 768; 1997, c. 250; 2006, c. 896; 2013, c. 783; 2014, c. 279.
VA Code § 58.1-3506.1 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3506.1. Other classification for taxation of certain tangible personal property owned by certain elderly and handicapped persons

The governing body of any county, city or town may, by ordinance, levy a tax on one motor vehicle owned and used primarily by or for anyone at least 65 years of age or anyone found to be permanently and totally disabled, as defined in § 58.1-3506.3, at a different rate from the tax levied on other tangible personal property, upon such conditions as the ordinance may prescribe. Such rate shall not exceed the tangible personal property tax on the general class of tangible personal property. For purposes of this article, the term motor vehicle shall include only automobiles and pickup trucks. Any such motor vehicle owned by married individuals may qualify if either spouse is 65 or over or if either spouse is permanently and totally disabled. Notwithstanding any other provision of this section or article, for any automobile or pickup truck that is (i) a qualifying vehicle, as such term is defined in § 58.1-3523, and (ii) assessed for tangible personal property taxes by a county, city, or town receiving a payment from the Commonwealth under Chapter 35.1 (§ 58.1-3523 et seq.) for providing tangible personal property tax relief, the rate of tax levied pursuant to this article shall not exceed the rates of tax and rates of assessment required under such chapter.1991, c. 646; 2004, Sp. Sess. I, c. 1; 2020, c. 900.
VA Code § 58.1-3506.2 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3506.2. Restrictions and conditions

Any difference in the rates for purposes of this section shall be subject to the following restrictions and conditions:1. The total combined income received, excluding the first $7,500 of income, at the option of the local government, from all sources during the preceding calendar year by the owner of the motor vehicle shall not exceed the greater of $30,000 or the income limits based on family size for the respective metropolitan statistical area, annually published by the Department of Housing and Urban Development for qualifying for federal housing assistance pursuant to § 235 of the National Housing Act (12 U.S.C. § 1715z).2. The owner's net financial worth, including the present value of all equitable interests, as of December 31 of the immediately preceding calendar year, excluding the value of the principal residence and the land, not exceeding one acre, upon which it is situated, shall not exceed $75,000. The local government may also exclude such furnishings as furniture, household appliances and other items typically used in a home.3. Notwithstanding the provisions of subdivisions 1 and 2, in Fairfax County and any town adjacent thereto, Arlington County, Chesterfield County, Loudoun County, and Prince William County, or the Cities of Alexandria, Chesapeake, Fairfax, Falls Church, Manassas, Manassas Park, Portsmouth, Suffolk or Virginia Beach, or the Town of Leesburg, the board of supervisors or council may, by ordinance, raise the income and financial worth limitations for any reductions under this article to a maximum of the greater of $52,000 or the income limits based upon family size for the respective metropolitan statistical area, published annually by the Department of Housing and Urban Development for qualifying for federal housing assistance pursuant to § 235 of the National Housing Act (12 U.S.C. § 1715z), for the total combined income amount, and $195,000 for the maximum net financial worth amount which shall exclude the value of the principal residence and the land, not exceeding one acre, upon which it is located.4. All income and net worth limitations shall be computed by aggregating the income and assets, as the case may be, of married individuals who reside in the same dwelling and shall be applied to any owner of the motor vehicle who seeks the benefit of the preferential tax rate permitted under this article, irrespective of how such motor vehicle may be titled.1991, c. 646; 1998, c. 361; 2007, c. 813; 2020, c. 900.
VA Code § 58.1-3506.3 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3506.3. Permanently and totally disabled defined

For purposes of this article, the term "permanently and totally disabled" means unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment or deformity which can be expected to result in death or can be expected to last for the duration of such person's life; however, a certification pursuant to 42 U.S.C. § 423 (d) by the Social Security Administration, so long as the person remains eligible for such Social Security benefits, shall be deemed to satisfy such definition in this section.1991, c. 646.
VA Code § 58.1-3506.4 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3506.4. Local restrictions and conditions; model ordinance

Notwithstanding the provisions of subdivisions 1, 2, and 3 of § 58.1-3506.2, the governing body of a county, city or town may by ordinance specify lower income and financial worth figures. The governing body also may prescribe by ordinance for a maximum amount of tax relief hereunder based on the assessed value of the motor vehicle or a formula which takes into account the income and financial worth levels of the individual seeking the benefit of the preferential tax rate. The Department of Taxation shall develop a model ordinance to assist local governments with the implementation and enforcement of this article.1991, c. 646.
VA Code § 58.1-3506.6 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3506.6. Notice of local tangible personal property tax relief program for the elderly and handicapped

The treasurer of any county, city or town shall enclose written notice, in each tangible personal property tax bill, of the terms and conditions of any local tangible personal property tax relief program established in the jurisdiction pursuant to § 58.1-3506.1. The treasurer shall also employ any other reasonable means necessary to notify residents of the county, city or town about the terms and conditions of the tangible personal property tax relief program for elderly and handicapped residents of the county, city or town.1991, c. 646.
VA Code § 58.1-3506.7 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3506.7. Effective date; change in circumstances

A reclassification enacted pursuant to § 58.1-3506.1 may be granted for any year following the date that the qualifying individual reaches the age of sixty-five years or for any year following the date the disability occurred. Changes in income, financial worth, ownership of property or other factors occurring during the taxable year for which an affidavit is filed and having the effect of exceeding or violating the limitations and conditions provided herein or by county, city or town ordinance shall nullify any preferential tax rate for the remainder of the current taxable year and the taxable year immediately following. However, any locality may by ordinance provide a prorated preferential tax rate for the portion of the taxable year during which the taxpayer qualified for such rate.1991, c. 646.
VA Code § 58.1-3506.8 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3506.8. Designation by General Assembly

Not set out. ( 1991, c. 646.)
VA Code § 58.1-3508 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3508. Separate classification and exemption from state taxation of machinery, tools and supplies used in harvesting forest products

A. Machinery or tools and repair parts therefor or replacements thereof, used directly in the harvesting of forest products for sale or for use as a component part of a product to be sold, shall constitute a classification for local taxation separate from other such classifications of real or personal property or machinery and tools as defined in § 58.1-3507. The rate of assessment and the rate of tax shall not exceed that applicable generally to machinery and tools.B. The provisions of this section shall be applicable only to taxpayers liable for payment of forest product taxes under Chapter 16 (§ 58.1-1600 et seq.) of this title.Code 1950, § 58-838.21; 1972, c. 325; 1984, c. 675.
VA Code § 58.1-3508.1 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3508.1. Separate classification of machinery and tools used in semiconductor manufacturing

Machinery and tools used in semiconductor manufacturing shall constitute a classification for local taxation separate from other classifications of machinery and tools as defined in § 58.1-3507. The governing body of any county, city or town may levy a tax on such classification of property at a different rate from the tax levied on other machinery and tools. The rate of tax and the rate of assessment shall not exceed that applicable generally to machinery and tools.1996, c. 971; 1997, c. 77.
VA Code § 58.1-3508.2 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3508.2. Separate classification of machinery and tools used in other businesses

Heavy construction machinery, including but not limited to land movers, bulldozers, front-end loaders, graders, packers, power shovels, cranes, pile drivers, forest harvesting and silvicultural activity equipment and ditch and other types of diggers owned by businesses other than those set forth in §§ 58.1-3507, 58.1-3508, and 58.1-3508.1 shall constitute a classification for local taxation separate from other classifications of tangible property. The rate of tax imposed by a county, city, or town on such machinery and tools shall not exceed the rate imposed upon the general class of tangible personal property.2005, c. 357.
VA Code § 58.1-3508.3 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3508.3. Separate classification of machinery and tools used directly in precision investment castings

Machinery and tools used directly in the manufacture of precision investment castings shall constitute a classification for local taxation separate from other classifications of machinery and tools, as defined in § 58.1-3507. The governing body of any county, city, or town may levy a tax on such classification of property at a different rate from the tax levied on other machinery and tools. The rate of tax and the rate of assessment shall not exceed that applicable generally to machinery and tools.2009, c. 528.
VA Code § 58.1-3508.4 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3508.4. Separate classification of machinery and tools used in manufacturing or processing materials, components, or equipment for national defense

Machinery and tools, including repair and replacement parts, designed and used directly in manufacturing or processing materials, components, or equipment for national defense are hereby declared to be a separate class of property and shall constitute a classification for local taxation separate from other classifications of machinery and tools as defined in § 58.1-3507. The governing body of any county, city, or town may levy a tax on such machinery and tools at a different rate from that levied on other machinery and tools. The rate of tax imposed by the county, city, or town on such machinery and tools shall not exceed that applicable to the general class of machinery and tools.2011, cc. 875, 877.
VA Code § 58.1-3508.5 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3508.5. Separate classification of machinery and tools used directly in cleaning motor vehicles

Machinery and tools, including repair and replacement parts, used directly in cleaning motor vehicles by a motor vehicle cleaning business shall constitute a classification for local taxation separate from other classifications of machinery and tools as defined in § 58.1-3507. The governing body of any county, city, or town may levy a tax on such classification of property at a different rate from the tax levied on other machinery and tools. The rate of tax and the rate of assessment shall not exceed that applicable to the general class of machinery and tools.2012, c. 267.
VA Code § 58.1-3508.6 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3508.6. Separate classification of machinery and tools used directly in producing or generating renewable energy

Machinery and tools, including repair and replacement parts, owned by a business and used directly in producing or generating renewable energy shall constitute a classification for local taxation separate from other classifications of machinery and tools as defined in § 58.1-3507. The governing body of any county, city, or town may levy a tax on such classification of property at a different rate from the tax levied on other machinery and tools. The rate of tax and the rate of assessment shall not exceed that applicable to the general class of machinery and tools.The rate of tax and rate of assessment under this section shall not apply to machinery and tools owned by a business and used directly in producing or generating renewable energy covered under Chapter 26 (§ 58.1-2600 et seq.), unless the rate of tax and rate of assessment under this section would result in a lower property tax on such machinery and tools.As used in this section, "renewable energy" means energy derived from sunlight, wind, falling water, biomass, sustainable or otherwise (the definitions of which shall be liberally construed), energy from waste, landfill gas, municipal solid waste, wave motion, tides, or geothermal power and does not include energy derived from coal, oil, natural gas, or nuclear power.2015, c. 230.
VA Code § 58.1-3509 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3509. Merchants' capital subject to local taxation; rate limit

The capital of merchants is segregated for local taxation only; however, no county, city or town shall be required to impose a tax on such capital. However, no rate or assessment ratio in any county, city or town for merchants' capital shall be greater than such rate and ratio as was in effect in such county, city or town on January 1, 1978.Code 1950, §§ 58-266.1, 58-832; 1950, p. 155; 1956, c. 242; 1964, c. 424; 1968, c. 619; 1970, cc. 231, 547; 1974, cc. 196, 438; 1975, cc. 23, 621; 1976, cc. 521, 719; 1977, c. 320; 1978, cc. 772, 799, 817; 1979, cc. 565, 568, 570; 1980, cc. 318, 736; 1981, cc. 419, 636; 1982, cc. 348, 548, 552, 554, 558, 633; 1983, c. 554; 1984, cc. 247, 675, 695; 1999, c. 200.
VA Code § 58.1-3510 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3510. Definition of merchants' capital

A. Merchants' capital is defined as follows: Inventory of stock on hand; daily rental vehicles as defined in § 58.1-1735; and all other taxable personal property of any kind whatsoever, except money on hand and on deposit and except tangible personal property not offered for sale as merchandise, which tangible personal property shall be reported and assessed as such.B. For purposes of this section, a repair and service operation (i) carried on as an integral part of and in conjunction with a business that is primarily mercantile and (ii) the principal sales of such business are subject to the tax imposed by Article 9 (§ 58.1-1734 et seq.) of Chapter 17 or to the tax imposed by Chapter 24 (§ 58.1-2400 et seq.) of this title shall be deemed a mercantile business, and all capital, as defined herein, including all repair parts, materials and supplies associated with such repair and service operation shall be deemed merchants' capital.C. For purposes of valuing lottery tickets as part of a dealer's inventory, cost shall include only the compensation payable to a licensed sales agent as provided by rules or regulations adopted by the Board consistent with the provisions of subdivision 11 of subsection A of § 58.1-4007. The value of lottery tickets shall not be based on the cost of the tickets to the merchant.Code 1950, §§ 58-266.1, 58-833; 1950, p. 155; 1956, c. 242; 1964, cc. 424, 472; 1968, c. 619; 1970, cc. 231, 547; 1974, cc. 196, 438; 1975, cc. 23, 621; 1976, cc. 521, 719; 1977, cc. 56, 320; 1978, cc. 772, 799, 817; 1979, cc. 565, 568, 570; 1980, cc. 318, 736; 1981, cc. 145, 419, 636; 1982, cc. 348, 548, 552, 554, 558, 633; 1983, cc. 544, 554; 1984, cc. 247, 675, 695; 1987, cc. 572, 591; 1989, c. 589; 1990, c. 151; 1997, c. 853; 2009, cc. 480, 692; 2011, cc. 405, 639.
VA Code § 58.1-3510.01 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3510.01. Separate classification of merchants' capital of pharmaceutical wholesalers

Merchants' capital reported as inventory of pharmaceutical wholesalers shall constitute a classification for local taxation separate from other classifications of merchants' capital as defined in § 58.1-3510. The governing body of any county, city or town may levy a tax on such inventory at different rates from the tax levied on other merchants' capital. The rates of tax and the rates of assessment shall not exceed that applicable generally to merchants' capital.1997, c. 71.
VA Code § 58.1-3510.02 (2021)
2021 Code of Virginia|Title 58.1 - Taxation|Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital|§ 58.1-3510.02. Separate classification of certain merchants' capital of wholesalers and retailers

Merchants' capital of (i) any wholesaler reported as inventory that is located, and is normally located, in a structure that contains at least 100,000 square feet, with at least 100,000 square feet used solely to store such inventory, and (ii) any retailer reported as inventory that is located, and is normally located, in a structure that contains at least 200,000 square feet, with at least 200,000 square feet used solely to store such inventory, shall constitute a classification for local taxation separate from other classifications of merchants' capital as defined in § 58.1-3510. The governing body of any county, city, or town may levy a tax on such inventory at different rates from the tax levied on other merchants' capital. The rates of tax and the rates of assessment shall not exceed that applicable generally to merchants' capital.2018, c. 23; 2020, c. 541.