Tax Exemption For Va. Military Spouses Gains Support

Law360, New York (January 21, 2014, 5:41 PM EST) -- A subcommittee in the Virginia House of Delegates on Monday approved legislation that would exempt the surviving spouses of military members killed in action from paying property taxes.

The Virginia House Constitutional Amendments Subcommittee voted 7-0 in favor of reporting the bill. The proposal would create an amendment to Virginia’s constitution that would allow lawmakers to exempt families of military killed in action from paying local property taxes.

The bill's primary sponsor, delegate David Ramadan, R-Loudoun, introduced the legislation early last month. Ramadan could not immediately...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.