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HomeMy Public PortalAbout2004_12_14_O013The Town of Leesburg, Virginia ORDINANCE NO. 2004-0-13 'AN ORDINANCE: PRESENTED December 14, 2004 ADOPTED December 14, 2004 AMENDING TOWN CODE § 17-2.1 BY CHANGING THE DUE DATE FOR PAYMENT OF TAXES FOR ANY MOTOR VEHICLE OR TRAILER FOR WHICH A RETURN IS FILED AFTER JUNE 15 OF A TAX YEAR FROM FEBRUARY 5 TO JANUARY 15. WHEREAS, the Code of Virginia has been amended to cap tangible personal property tax relief for tax year 2006 and all tax years thereafter at $950 million; and WHEREAS, the town's share of the $950 million for each tax year shall be determined pro rata based upon the actual payments to the town for tax year 2005 as compared to the actual payments to all counties, cities, and towns for tax year 2005 received no later than March 1, 2006; and WHEREAS, the town currently requires payment of tangible personal property taxes by February 5 of the ensuing tax year, thereby leaving less than thirty days to collect delinquent taxes before the March 1 deadline; and WHEREAS, the General Assembly of the Commonwealth of Virginia is thought to be considering changing the base tax year for determining pro rata shares from tax year 2005 to tax year 2004. THEREFORE, ORDAINED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. That Section 17-2.1 of the town code is hereby amended to read as follows: Sec. 17-2.1. Payment of tax. (a) Real estate. Payment of taxes due and owing to the town for real estate shall be paid by, or on behalf of, persons owing such taxes on a semiannual basis. One-half the amount due and owing shall be paid by June 5 of the tax year and one-half the amount due and owing shall be paid by the next following December 5. 2 AN ORDINANCE: AMENDING TOWN CODE § 17-2.1 BY CHANGING THE DUE DATE FOR PAYMENT OF TAXES FOR ANY MOTOR VEHICLE OR TRAILER FOR WHICH A RETURN IS FILED AFTER JUNE 15 OF A TAX YEAR FROM FEBRUARY 5 TO JANUARY 15. (b) Personal property and machinery and tools. Except for motor vehicles and trailers, payment of taxes due and owing to the town for personal property and machinery and tools shall be paid by, or on behalf of, persons owing such taxes by October 5 following the date on which there is to be filed by, or on behalf of, such person a tax return indicating the amount of such taxes due and owing on any such property. (c) Pro-ration of tax on motor vehicles and trailers. Personal property tax shall be levied upon motor vehicles and trailers which have a situs within the town as of January 1 of any tax year. Personal property tax shall be levied upon motor vehicles and trailers which acquire a situs within the town after January 1 of any tax year for the remaining portion of the tax year. Payment of taxes for any motor vehicle or trailer for which a return is filed on or before June 15 of a tax year shall be paid by October 5 of the tax year. Payment of taxes for any motor vehicle or trailer for which a return is filed after June 15 of a tax year shall be paid by ~ January 15 of the ensuing tax year. When any motor vehicle or trailer loses its situs in the town or changes ownership after January 1 of the tax year, any tax assessed on such vehicle shall be relieved, and any amount of the tax already paid shall be refunded, on a pro-rated basis for the remaining portion of the tax year. For purposes of this section, pro-ration shall be determined on a monthly basis, with a period of one-half of a month or more counted as a full month and a period of less than one-half of a month not counted as a month. A motor vehicle or trailer is exempt from taxation under this section for any tax year or portion thereof during which it was assessed by another jurisdiction in the commonwealth and on which the tax has been paid. AN ORDINANCE: AMENDING TOWN CODE § 17-2.1 BY CHANGING THE DUE DATE FOR PAYMENT OF TAXES FOR ANY MOTOR VEHICLE OR TRAILER FOR WHICH A RETURN IS FILED AFTER JUNE 15 OF A TAX YEAR FROM FEBRUARY 5 TO JANUARY 15. SECTION II. That this ordinance shall be in effect upon passage. PASSED this 14th day of December 2004 erk of Council Amend§17-2.1 of Town Code_.2 Kfist~n C. U~stattd, Mayor Town of Leesburg