{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-4907.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-4907.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-4907.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-4907.html"}],"law_id":75699,"edition_id":1,"section_id":75699,"structure_id":13549,"section_number":"15.2-4907","catch_line":"Fiscal impact statement","history":"1983, c. 514, \u00a7 15.1-1378.2; 1997, c. 587; 1998, c. 728; 2023, c. 130.","full_text":"An authority may require any request for private activity bond financing when submitted to the authority to be accompanied by a statement in the following form, but the absence of any such form shall not affect the validity of a private activity bond:\n\t\t________________\n\t\tDate\n\t\t_________________\n\t\t(Name of Applicant)\n\t\t_________________\n\t\t(Facility)\n\t\tSignature\n\t\t____________________\n\t\tAuthority Chairman\n\t\t_____________________\n\t\tName of Authority\n\t\tIf one or more of the above questions do not apply to the facility indicate by writing N\/A (not applicable) on the appropriate line.\n\t\tThe provisions of this section shall not apply to bonds, notes or other obligations issued pursuant to hearings held and governmental approvals obtained prior to the effective date of this act in compliance with federal law or regulation.","order_by":null,"text":{"0":{"id":271827,"text":"An authority may require any request for private activity bond financing when submitted to the authority to be accompanied by a statement in the following form, but the absence of any such form shall not affect the validity of a private activity bond:\n\t\t________________\n\t\tDate\n\t\t_________________\n\t\t(Name of Applicant)\n\t\t_________________\n\t\t(Facility)\n\t\tSignature\n\t\t____________________\n\t\tAuthority Chairman\n\t\t_____________________\n\t\tName of Authority\n\t\tIf one or more of the above questions do not apply to the facility indicate by writing N\/A (not applicable) on the appropriate line.\n\t\tThe provisions of this section shall not apply to bonds, notes or other obligations issued pursuant to hearings held and governmental approvals obtained prior to the effective date of this act in compliance with federal law or regulation.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13549,"edition_id":1,"name":"Industrial Development and Revenue Bond Act","identifier":"49","label":"chapter","depth":3,"order_by":1,"parent_id":12721,"metadata":{},"date_created":"2026-06-26 03:45:11","date_modified":"2026-06-26 03:45:11","permalink":{"id":158343,"object_type":"structure","relational_id":13549,"identifier":"49","token":"15.2\/IV\/49","url":"\/15.2\/IV\/49\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12721,"edition_id":1,"name":"Other Governmental Entities","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12720,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":157897,"object_type":"structure","relational_id":12721,"identifier":"IV","token":"15.2\/IV","url":"\/15.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12720,"edition_id":1,"name":"Counties, Cities and Towns","identifier":"15.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":151279,"object_type":"structure","relational_id":12720,"identifier":"15.2","token":"15.2","url":"\/15.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":62034,"structure_id":13549,"section_number":"15.2-4900","catch_line":"Short title","url":"\/15.2-4900\/","token":"15.2\/IV\/49\/15.2-4900","metadata":false},{"id":54556,"structure_id":13549,"section_number":"15.2-4901","catch_line":"Purpose of chapter","url":"\/15.2-4901\/","token":"15.2\/IV\/49\/15.2-4901","metadata":false},{"id":60789,"structure_id":13549,"section_number":"15.2-4902","catch_line":"Definitions","url":"\/15.2-4902\/","token":"15.2\/IV\/49\/15.2-4902","metadata":false},{"id":66473,"structure_id":13549,"section_number":"15.2-4903","catch_line":"Creation of industrial development authorities","url":"\/15.2-4903\/","token":"15.2\/IV\/49\/15.2-4903","metadata":false},{"id":74389,"structure_id":13549,"section_number":"15.2-4904","catch_line":"Directors; qualifications; terms; vacancies; compensation and expenses; quorum; records; certification and distribution of report concerning bond issuance","url":"\/15.2-4904\/","token":"15.2\/IV\/49\/15.2-4904","metadata":false},{"id":82150,"structure_id":13549,"section_number":"15.2-4905","catch_line":"Powers of authority","url":"\/15.2-4905\/","token":"15.2\/IV\/49\/15.2-4905","metadata":false},{"id":54514,"structure_id":13549,"section_number":"15.2-4906","catch_line":"Public hearing and approval","url":"\/15.2-4906\/","token":"15.2\/IV\/49\/15.2-4906","metadata":false},{"id":75699,"structure_id":13549,"section_number":"15.2-4907","catch_line":"Fiscal impact statement","url":"\/15.2-4907\/","token":"15.2\/IV\/49\/15.2-4907","metadata":false},{"id":72636,"structure_id":13549,"section_number":"15.2-4908","catch_line":"Issuance of bonds, notes and other obligations of authority","url":"\/15.2-4908\/","token":"15.2\/IV\/49\/15.2-4908","metadata":false},{"id":83307,"structure_id":13549,"section_number":"15.2-4909","catch_line":"Liability of Commonwealth, political subdivisions, directors and officers","url":"\/15.2-4909\/","token":"15.2\/IV\/49\/15.2-4909","metadata":false},{"id":77169,"structure_id":13549,"section_number":"15.2-4910","catch_line":"Security for payment of bonds; 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This law was first created in 1983. The record of its establishment is cataloged in chapter 514 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 1983 \u201cActs\u201d aren\u2019t available online. It has been modified 3 times. 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. Those modifications are as follows: in 1997, chapter 587<\/a>; in 1998, chapter 728<\/a>; in 2023, chapter 130<\/a>.<\/p>","references":[{"id":56993,"section_number":"36-29","catch_line":"Power to issue bonds; liability in general","order_by":null,"url":"\/36-29\/"}],"refers_to":false,"permalink":{"id":158373,"object_type":"law","relational_id":75699,"identifier":"15.2-4907","token":"15.2\/IV\/49\/15.2-4907","url":"\/15.2-4907\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-4907\/","token":"15.2\/IV\/49\/15.2-4907","dublin_core":{"Title":"Fiscal impact statement","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-4907","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

An authority<\/span> may require any request for private activity bond<\/span> financing when submitted to the authority<\/span> to be accompanied by a statement in the following form, but the absence of any such form shall not affect the validity of a private activity bond<\/span>:\n\t\t________________\n\t\tDate\n\t\t_________________\n\t\t(Name of Applicant)\n\t\t_________________\n\t\t(Facility)\n\t\tSignature\n\t\t____________________\n\t\tAuthority<\/span> Chairman\n\t\t_____________________\n\t\tName of Authority<\/span>\n\t\tIf one or more of the above questions do not apply to the facility indicate by writing N\/A (not applicable) on the appropriate line.\n\t\tThe provisions of this section shall not apply to bonds<\/span>, notes or other obligations issued pursuant to hearings<\/span> held and governmental approvals obtained prior to the effective date of this act in compliance with federal law<\/span> or regulation.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nFISCAL IMPACT STATEMENT (\u00a7 15.2-4907)\n\nAn authority may require any request for private activity bond financing when\nsubmitted to the authority to be accompanied by a statement in the following\nform, but the absence of any such form shall not affect the validity of a\nprivate activity bond:\n\t\t________________\n\t\tDate\n\t\t_________________\n\t\t(Name of Applicant)\n\t\t_________________\n\t\t(Facility)\n\t\tSignature\n\t\t____________________\n\t\tAuthority Chairman\n\t\t_____________________\n\t\tName of Authority\n\t\tIf one or more of the above questions do not apply to the facility indicate by\nwriting N\/A (not applicable) on the appropriate line.\n\t\tThe provisions of this section shall not apply to bonds, notes or other\nobligations issued pursuant to hearings held and governmental approvals obtained\nprior to the effective date of this act in compliance with federal law or\nregulation.\n\nHISTORY: 1983, c. 514, \u00a7 15.1-1378.2; 1997, c. 587; 1998, c. 728; 2023, c. 130.","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}}