§ 15.2-5005 Changes by the federal government
If federal laws or regulations controlling private activity bonds are revised so that the provisions of this chapter are affected or the tax exempt status of certain private activity bonds expires or is extended, the Governor may establish measures through executive order to allocate Virginia’s total bond issuing authority in accordance with the limitations and restrictions contained in the revised federal law.
History
This law was first created in 1987. The record of its establishment is cataloged in chapter 306 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1987 “Acts” aren’t available online. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1990, chapter 299; in 1997, chapter 587.
1987, c. 306, § 15.1-1399.17; 1990, c. 299; 1997, c. 587.