{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/10.1-1616.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/10.1-1616.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/10.1-1616.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/10.1-1616.html"}],"law_id":68424,"edition_id":1,"section_id":68424,"structure_id":14033,"section_number":"10.1-1616","catch_line":"Exemption from taxes or assessments","history":"1986, c. 360, \u00a7 10-158.13; 1988, c. 891.","full_text":"The exercise of the powers granted by this chapter is for the benefit of the people of the Commonwealth, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions. Since the operation and maintenance of projects by the Authority and the undertaking of activities in furtherance of the purpose of the Authority will constitute the performance of essential governmental functions, the Authority shall not be required to pay any taxes or assessments upon any project or any property acquired or used by the Authority under the provisions of this chapter or upon the income therefrom, including sales and use taxes on tangible personal property used in the operations of the Authority. Any bonds issued under the provisions of this chapter, their transfer and the income which may result, including any profit made on the sale, shall be free from state and local taxation. The exemption hereby granted shall not be construed to extend to persons conducting business on the premises of a facility for which local or state taxes would otherwise be required.","order_by":null,"text":{"0":{"id":247760,"text":"The exercise of the powers granted by this chapter is for the benefit of the people of the Commonwealth, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions. Since the operation and maintenance of projects by the Authority and the undertaking of activities in furtherance of the purpose of the Authority will constitute the performance of essential governmental functions, the Authority shall not be required to pay any taxes or assessments upon any project or any property acquired or used by the Authority under the provisions of this chapter or upon the income therefrom, including sales and use taxes on tangible personal property used in the operations of the Authority. Any bonds issued under the provisions of this chapter, their transfer and the income which may result, including any profit made on the sale, shall be free from state and local taxation. The exemption hereby granted shall not be construed to extend to persons conducting business on the premises of a facility for which local or state taxes would otherwise be required.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14033,"edition_id":1,"name":"Virginia Recreational Facilities Authority Act","identifier":"16","label":"chapter","depth":3,"order_by":1,"parent_id":12741,"metadata":{},"date_created":"2026-06-26 03:46:39","date_modified":"2026-06-26 03:46:39","permalink":{"id":146547,"object_type":"structure","relational_id":14033,"identifier":"16","token":"10.1\/II\/16","url":"\/10.1\/II\/16\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12741,"edition_id":1,"name":"Activities Administered by Other Entities","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12740,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":144833,"object_type":"structure","relational_id":12741,"identifier":"II","token":"10.1\/II","url":"\/10.1\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12740,"edition_id":1,"name":"Conservation","identifier":"10.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":143313,"object_type":"structure","relational_id":12740,"identifier":"10.1","token":"10.1","url":"\/10.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":77070,"structure_id":14033,"section_number":"10.1-1600","catch_line":"Definitions","url":"\/10.1-1600\/","token":"10.1\/II\/16\/10.1-1600","metadata":false},{"id":85414,"structure_id":14033,"section_number":"10.1-1601","catch_line":"Authority created","url":"\/10.1-1601\/","token":"10.1\/II\/16\/10.1-1601","metadata":false},{"id":74219,"structure_id":14033,"section_number":"10.1-1602","catch_line":"Board of directors","url":"\/10.1-1602\/","token":"10.1\/II\/16\/10.1-1602","metadata":false},{"id":84792,"structure_id":14033,"section_number":"10.1-1603","catch_line":"Powers of Authority","url":"\/10.1-1603\/","token":"10.1\/II\/16\/10.1-1603","metadata":false},{"id":72940,"structure_id":14033,"section_number":"10.1-1604","catch_line":"Form, terms, and execution of bonds","url":"\/10.1-1604\/","token":"10.1\/II\/16\/10.1-1604","metadata":false},{"id":82583,"structure_id":14033,"section_number":"10.1-1605","catch_line":"Issuance and sale of bonds","url":"\/10.1-1605\/","token":"10.1\/II\/16\/10.1-1605","metadata":false},{"id":63389,"structure_id":14033,"section_number":"10.1-1606","catch_line":"Use of bond proceeds","url":"\/10.1-1606\/","token":"10.1\/II\/16\/10.1-1606","metadata":false},{"id":69623,"structure_id":14033,"section_number":"10.1-1607","catch_line":"Interim receipts or temporary bonds","url":"\/10.1-1607\/","token":"10.1\/II\/16\/10.1-1607","metadata":false},{"id":77063,"structure_id":14033,"section_number":"10.1-1608","catch_line":"Faith and credit of Commonwealth or political subdivision not pledged","url":"\/10.1-1608\/","token":"10.1\/II\/16\/10.1-1608","metadata":false},{"id":55123,"structure_id":14033,"section_number":"10.1-1609","catch_line":"Expenses of the Authority","url":"\/10.1-1609\/","token":"10.1\/II\/16\/10.1-1609","metadata":false},{"id":58095,"structure_id":14033,"section_number":"10.1-1610","catch_line":"Trust agreement securing bonds","url":"\/10.1-1610\/","token":"10.1\/II\/16\/10.1-1610","metadata":false},{"id":83657,"structure_id":14033,"section_number":"10.1-1611","catch_line":"Moneys received deemed trust funds","url":"\/10.1-1611\/","token":"10.1\/II\/16\/10.1-1611","metadata":false},{"id":71200,"structure_id":14033,"section_number":"10.1-1612","catch_line":"Proceedings by bondholder or trustee to enforce rights","url":"\/10.1-1612\/","token":"10.1\/II\/16\/10.1-1612","metadata":false},{"id":63852,"structure_id":14033,"section_number":"10.1-1613","catch_line":"Bonds made securities for investment and deposit","url":"\/10.1-1613\/","token":"10.1\/II\/16\/10.1-1613","metadata":false},{"id":62190,"structure_id":14033,"section_number":"10.1-1614","catch_line":"Revenue refunding bonds; bonds for refunding and for cost of additional projects","url":"\/10.1-1614\/","token":"10.1\/II\/16\/10.1-1614","metadata":false},{"id":80332,"structure_id":14033,"section_number":"10.1-1615","catch_line":"Grants or loans of public or private funds","url":"\/10.1-1615\/","token":"10.1\/II\/16\/10.1-1615","metadata":false},{"id":68424,"structure_id":14033,"section_number":"10.1-1616","catch_line":"Exemption from taxes or assessments","url":"\/10.1-1616\/","token":"10.1\/II\/16\/10.1-1616","metadata":false},{"id":56727,"structure_id":14033,"section_number":"10.1-1617","catch_line":"Moneys of Authority","url":"\/10.1-1617\/","token":"10.1\/II\/16\/10.1-1617","metadata":false},{"id":86554,"structure_id":14033,"section_number":"10.1-1618","catch_line":"Title to property","url":"\/10.1-1618\/","token":"10.1\/II\/16\/10.1-1618","metadata":false},{"id":76235,"structure_id":14033,"section_number":"10.1-1619","catch_line":"Violation of regulations","url":"\/10.1-1619\/","token":"10.1\/II\/16\/10.1-1619","metadata":false},{"id":67159,"structure_id":14033,"section_number":"10.1-1620","catch_line":"Appointment of special conservators of the peace","url":"\/10.1-1620\/","token":"10.1\/II\/16\/10.1-1620","metadata":false},{"id":82460,"structure_id":14033,"section_number":"10.1-1621","catch_line":"Conveyance or lease of park to Authority","url":"\/10.1-1621\/","token":"10.1\/II\/16\/10.1-1621","metadata":false},{"id":75207,"structure_id":14033,"section_number":"10.1-1622","catch_line":"Recordation of conveyances of real estate to Authority","url":"\/10.1-1622\/","token":"10.1\/II\/16\/10.1-1622","metadata":false},{"id":63448,"structure_id":14033,"section_number":"10.1-1623","catch_line":"Dissolution of Authority; disposition of property","url":"\/10.1-1623\/","token":"10.1\/II\/16\/10.1-1623","metadata":false}],"previous_section":{"id":80332,"structure_id":14033,"section_number":"10.1-1615","catch_line":"Grants or loans of public or private funds","url":"\/10.1-1615\/","token":"10.1\/II\/16\/10.1-1615","metadata":false},"next_section":{"id":56727,"structure_id":14033,"section_number":"10.1-1617","catch_line":"Moneys of Authority","url":"\/10.1-1617\/","token":"10.1\/II\/16\/10.1-1617","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/10.1-1616\/","history_text":"<p>This law was first created in 1986. The record of its establishment is cataloged in chapter 360 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1986 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 1988, chapter 891.<\/p>","references":false,"refers_to":false,"permalink":{"id":146613,"object_type":"law","relational_id":68424,"identifier":"10.1-1616","token":"10.1\/II\/16\/10.1-1616","url":"\/10.1-1616\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/10.1-1616\/","token":"10.1\/II\/16\/10.1-1616","dublin_core":{"Title":"Exemption from taxes or assessments","Type":"Text","Format":"text\/html","Identifier":"\u00a7 10.1-1616","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The exercise of the powers granted by this chapter is for the benefit of the people of the Commonwealth, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions. Since the operation and maintenance of <span class=\"dictionary\">projects<\/span> by the <span class=\"dictionary\">Authority<\/span> and the undertaking of activities in furtherance of the purpose of the <span class=\"dictionary\">Authority<\/span> will constitute the performance of essential governmental functions, the <span class=\"dictionary\">Authority<\/span> shall not be required to pay any taxes or assessments upon any <span class=\"dictionary\">project<\/span> or any property acquired or used by the <span class=\"dictionary\">Authority<\/span> under the provisions of this chapter or upon the income therefrom, including sales and use taxes on tangible personal property used in the operations of the <span class=\"dictionary\">Authority<\/span>. Any <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span> issued under the provisions of this chapter, their transfer and the income which may result, including any profit made on the sale, shall be free from state and local taxation. The exemption hereby granted shall not be construed to extend to persons conducting business on the premises of a facility for which local or state taxes would otherwise be required.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEXEMPTION FROM TAXES OR ASSESSMENTS (\u00a7 10.1-1616)\n\nThe exercise of the powers granted by this chapter is for the benefit of the\npeople of the Commonwealth, for the increase of their commerce and prosperity,\nand for the improvement of their health and living conditions. Since the\noperation and maintenance of projects by the Authority and the undertaking of\nactivities in furtherance of the purpose of the Authority will constitute the\nperformance of essential governmental functions, the Authority shall not be\nrequired to pay any taxes or assessments upon any project or any property\nacquired or used by the Authority under the provisions of this chapter or upon\nthe income therefrom, including sales and use taxes on tangible personal\nproperty used in the operations of the Authority. Any bonds issued under the\nprovisions of this chapter, their transfer and the income which may result,\nincluding any profit made on the sale, shall be free from state and local\ntaxation. The exemption hereby granted shall not be construed to extend to\npersons conducting business on the premises of a facility for which local or\nstate taxes would otherwise be required.\n\nHISTORY: 1986, c. 360, \u00a7 10-158.13; 1988, c. 891.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}