Real property tax; special assessment on basis of use, notice requirements.

This legislation updates how Arlington and other Virginia localities manage special property tax assessments for land designated for agricultural, horticultural, forest, or open-space use. Under current law, if a property owner changes the use of their land, they may owe rollback taxes to account for the difference between the land's use-value and its fair market value. This bill mandates that local governments provide clearer, more consistent notice to property owners regarding these potential tax liabilities and assessment changes. By standardizing the notification process, the bill aims to reduce administrative confusion for property owners and ensure greater transparency in how land-use taxes are calculated. For local residents, this change primarily impacts land management and tax assessment procedures rather than altering core tax rates.