73 chapters · 2,280 sections in this title.
Va. Code Ann. § 15.2-5422 Bonds exempt from taxation
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Bonds, their transfer and the income therefrom, including any profit made on the sale thereof, shall at all times be exempt from all taxation by the Commonwealth or any political subdivision thereof, except inheritance or gift taxes.
Va. Code Ann. § 15.2-5423 Payments in lieu of property taxes; license tax
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A project owned by an authority shall be exempt from property taxes. However, an authority, other than an authority created by a governmental unit exempt from the referendum requirement of § 15.2-5403, owning a project shall, in lieu of property taxes, pay to any governmental bod…
Va. Code Ann. § 15.2-5423.1 Exemption from taxation for certain authorities
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An authority created by a governmental unit exempt from the referendum requirement of § 15.2-5403 is hereby declared to be performing a public function on behalf of the governmental unit that is the sole member of such authority with respect to which the authority is created and …
Va. Code Ann. § 15.2-5424 Transfer, etc., of property of political subdivisions upon request of authority
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The governing body of any political subdivision, notwithstanding any contrary provision of law, is hereby authorized to transfer jurisdiction over, to permit the use of, lease, lend, grant or convey to the authority upon the request of the authority, upon such terms and condition…