Bulletin Number
VTB 81-19
Tax Type
Local Taxes
Property Tax
Description
Personal Property Books
Topic
Local Taxes Discussion
Date Issued
08-12-1981
SUBJECT: Personal Property Books
The 1981 Session of the General Assembly passed legislation which amended Section 53-884 of the Code of Virginia relating to the personal property books. The amendment eliminated the requirement that a commissioner of the revenue file a copy of the personal property book in the office of the clerk of the Circuit Court. There has been no change in the requirement on the commissioner of the revenue to maintain a copy of the personal property book in his office for at least six years following the tax year to which such book relates.
The effective date of the amendment is July 1, 1981 and is applicable to the 1981 personal property books.
Tax Bulletins