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Code of Virginia (Last Updated:July 28, 2020) |
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TITLE 15.2. Counties, Cities and Towns |
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SUBTITLE II. Powers of Local Government |
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CHAPTER 16. Local Constitutional Officers, Courthouses and Supplies |
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ARTICLE 6.1. Compensation Board Generally |
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SECTION 15.2-1636.20. Payments to localities under the Personal Property Tax Relief Act of 1998 |
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Localities shall be reimbursed for the administrative costs associated with the implementation of Chapter 35.1 (§ 58.1-3523 et seq.) of Title 58.1. Notwithstanding the provisions of § 58.1-3523 and Item 70 of Chapter 464 of the Acts of Assembly of 1998, the Compensation Board shall approve and reimburse 100 percent of such costs that it deems fair and reasonable. The manner of submitting and preparing estimates for such costs and for reimbursements shall be as directed by the Compensation Board. 1998, Sp. Sess. I, c. 58.1-3523 ; 1999, cc. 58.1-3523 , 58.1-3523 . |