A RESOLUTION DIRECTING THE COUNTY ADMINISTRATOR TO SCHEDULE A PUBLIC HEARING ON A PROPOSED ORDINANCE AMENDING CHAPTER 8, ARTICLE X OF THE CODE OF FAUQUIER COUNTY TO ADD SECTION 8-29.3 et seq.
WHEREAS, the Personal Property Tax Relief Act of 1998, Virginia Code §§ 58.1-3523 et seq. (“PPTRA”), has been substantially modified by the enactment of Chapter 1 of the Acts of Assembly, 2004 Special Session I (Senate Bill 5005), and the provisions of Item 503 of Chapter 951 of the 2005 Acts of Assembly (the 2005 revisions to the 2004-06 Appropriations Act, hereinafter cited as the “2005 Appropriations Act”); and
WHEREAS, these legislative enactments require the County of Fauquier to take affirmative steps to implement these changes, and to provide for the computation and allocation of relief provided pursuant to the Personal Property Tax Relief Act as revised; and
WHEREAS, these legislative enactments provide for the appropriation to the County of Fauquier, commencing in 2006, of a fixed sum to be used exclusively for the provision of tax relief to owners of qualifying personal use vehicles that are subject to the personal property tax (“PPT”) on such vehicles; now, therefore, be it
RESOLVED, by the Board of Supervisors of Fauquier County, this 13th day of October 2005, That the County Administrator be, and is hereby, directed to schedule a public hearing on a proposed Ordinance amending Chapter 8, Article X of the Code of Fauquier County to add Section 8-29.3 et seq. relating to State personal property tax relief.