R-20-11RESOLUTION NO.2020-11
A RESOLUTION SETTING THE ALLOCATION PERCENTAGE FOR PERSONAL PROPERTY
TAX RELIEF IN THE CITY OF FAIRFAX FOR THE 2020 TAX YEAR
WHEREAS, the Personal Property Tax Relief Act of 1998, Code of Virginia §§58.1-3523 et seq., (the
"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); and
WHEREAS, these legislative enactments have required the City to take affirmative steps to implement these
changes, and to provide for the computation and allocation of relief provided pursuant to the PPTRA as
revised; and
WHEREAS, the City Council, by resolution adopted on February 7, 2006 (Resolution No. R-06-03),
implemented the changes to the PPTRA effected by enactment of Chapter I of the Acts of Assembly, 2004
Special Session I and of Item 503 of the 2005 Session Revisions to the 2004-06 Appropriations Act; and
WHEREAS, this resolution is adopted pursuant to the requirements of Resolution No. R-06-03.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Fairfax, as follows:
1. That qualifying personal use vehicles with an assessed value less than or equal to $1,000.00 will be
eligible for 100.00% tax relief from personal property taxation.
2. That qualifying personal use vehicles with an assessed value greater than $1,000.00 but less than or
equal to $20,000.00 will be eligible for 43.50% tax relief from personal property taxation.
3. That qualifying personal use vehicles having an assessed value of greater than $20,000.00 shall only
receive 43.50% tax relief from personal property taxation on the first $20,000.00 of assessed value.
4. That all other vehicles which do not meet the definition of "qualifying" (including, but not limited
to, business use vehicles, motor homes and the like) will not be eligible for any form of tax relief
under this program.
5. That the above percentages of relief applied to the categories of qualifying personal use vehicles are
estimated to fully use all available PPTRA funds allocated to the City of Fairfax by the
Commonwealth of Virginia.
BE IT FURTHER RESOLVED that terms used herein that have defined meanings set forth in the PPTRA
shall have the same meanings as set forth in Code of Virginia, §58.1-3523, as amended, and to the extent that
the provisions of this resolution conflict with any other provision of the laws of the city, that the provisions
of this resolution shall control.
BE IT FURTHER RESOLVED that this resolution shall be effective as provided by law.
Adopted: May 26, 2020
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Mayor
ATTEST:
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City Clerk
The vote on the motion to approve was recorded as follows:
VOTE:
Councilmember DeMarco Aye
Councilmember Lim
Aye
Councilmember Miller
Aye
Councilmember Passey
Aye
Councilmember Stehle
Aye
Councilmember Yi
Aye