VA HB282

Adds the Cities of Charlottesville and Falls Church to the list of Virginia localities authorized to classify land and improvements as separate categories for real property tax purposes

Allows these cities' governing bodies to levy different tax rates on improvements (buildings/structures) versus the underlying land after public notice and hearing

Requires that the tax rate on improvements cannot be zero and cannot exceed the tax rate on the land itself

Also adds Fredericksburg and Newport News to the existing list that already included Fairfax, Poquoson, Richmond, and Roanoke