Local restrictions and conditions; model ordinance

Va. Code Ann. § 58.1-3506.4
in effect
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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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/58.1-3506.4/Fetched: 10/16/2026

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