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Subcommittee tables Stafford-sponsored bill to exclude disabled-veteran properties from LCI calculation
Summary
House Bill 2164, which would exclude 100%-disabled-veteran-owned tax-exempt properties from the Composite Index of Local Ability to Pay (LCI), was tabled for further study by the subcommittee.
House Bill 2164, sponsored by Delegate Cole to address how 100%-disabled-veteran property exemptions affect the Composite Index of Local Ability to Pay (LCI), was introduced to the subcommittee and then tabled for study.
The sponsor said Stafford County — which has a high per-capita share of properties receiving the 100%-disabled-veteran exemption — is disadvantaged when those exempt values are included in the LCI calculation. Kathy Bircher spoke for Stafford County, saying nearly every locality may have at least one such exempt property and urging that those properties be excluded from the LCI in the next rebenchmarking. Delegate Sewell moved to table the bill “very gently” to allow the joint subcommittee to study LCI impacts; the motion carried and the bill was tabled, 6–0.
Why it matters: The LCI affects state-local school funding calculations; excluding certain exempt property values would change measured local ability to pay and could affect education funding allocations during rebenchmarking.
Votes at a glance: HB 2164 — very gently tabled, 6–0.
Next steps: The joint subcommittee will continue studying LCI impacts and the bill’s sponsor can work with stakeholders if the committee lifts the bill from the table.
