{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-5517.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-5517.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-5517.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-5517.html"}],"law_id":56281,"edition_id":1,"section_id":56281,"structure_id":14676,"section_number":"15.2-5517","catch_line":"One or more localities may create authority","history":"2007, c. 864.","full_text":"The governing body of a locality may by ordinance or resolution, or the governing bodies of two or more localities may by concurrent ordinances or resolutions or by agreement, create a tourism financing development authority for the purpose of supporting tourism infrastructure in localities. The name of the authority shall contain the word “authority.” The authority shall be a public body politic and corporate. Any such locality that levies a transient occupancy tax pursuant to \u00a7 58.1-3819 shall designate any excess over two percent to be used for purposes of the authority except such revenues that are otherwise encumbered by the locality.","order_by":null,"text":{"0":{"id":206129,"text":"The governing body of a locality may by ordinance or resolution, or the governing bodies of two or more localities may by concurrent ordinances or resolutions or by agreement, create a tourism financing development authority for the purpose of supporting tourism infrastructure in localities. The name of the authority shall contain the word “authority.” The authority shall be a public body politic and corporate. Any such locality that levies a transient occupancy tax pursuant to \u00a7 58.1-3819 shall designate any excess over two percent to be used for purposes of the authority except such revenues that are otherwise encumbered by the locality.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14676,"edition_id":1,"name":"Tourism Financing Development Authority Act","identifier":"55.2","label":"chapter","depth":3,"order_by":1,"parent_id":12721,"metadata":{},"date_created":"2026-06-26 03:49:16","date_modified":"2026-06-26 03:49:16","permalink":{"id":159547,"object_type":"structure","relational_id":14676,"identifier":"55.2","token":"15.2\/IV\/55.2","url":"\/15.2\/IV\/55.2\/","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":71694,"structure_id":14676,"section_number":"15.2-5516","catch_line":"Short title","url":"\/15.2-5516\/","token":"15.2\/IV\/55.2\/15.2-5516","metadata":false},{"id":56281,"structure_id":14676,"section_number":"15.2-5517","catch_line":"One or more localities may create authority","url":"\/15.2-5517\/","token":"15.2\/IV\/55.2\/15.2-5517","metadata":false},{"id":70578,"structure_id":14676,"section_number":"15.2-5518","catch_line":"Directors; qualifications; terms; vacancies; compensation and expenses; quorum; records","url":"\/15.2-5518\/","token":"15.2\/IV\/55.2\/15.2-5518","metadata":false},{"id":60627,"structure_id":14676,"section_number":"15.2-5519","catch_line":"Powers of authority","url":"\/15.2-5519\/","token":"15.2\/IV\/55.2\/15.2-5519","metadata":false},{"id":71697,"structure_id":14676,"section_number":"15.2-5520","catch_line":"Liability of authority","url":"\/15.2-5520\/","token":"15.2\/IV\/55.2\/15.2-5520","metadata":false},{"id":64330,"structure_id":14676,"section_number":"15.2-5521","catch_line":"Dissolution of authority; disposition of property","url":"\/15.2-5521\/","token":"15.2\/IV\/55.2\/15.2-5521","metadata":false},{"id":58669,"structure_id":14676,"section_number":"15.2-5522","catch_line":"Provisions of chapter controlling over other statutes and charters","url":"\/15.2-5522\/","token":"15.2\/IV\/55.2\/15.2-5522","metadata":false}],"previous_section":{"id":71694,"structure_id":14676,"section_number":"15.2-5516","catch_line":"Short title","url":"\/15.2-5516\/","token":"15.2\/IV\/55.2\/15.2-5516","metadata":false},"next_section":{"id":70578,"structure_id":14676,"section_number":"15.2-5518","catch_line":"Directors; qualifications; terms; vacancies; compensation and expenses; quorum; records","url":"\/15.2-5518\/","token":"15.2\/IV\/55.2\/15.2-5518","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5517\/","history_text":"

This law was first created in 2007. The record of its establishment is cataloged in chapter 864<\/a> 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.<\/p>","references":false,"refers_to":[{"id":58829,"section_number":"58.1-3819","catch_line":"Transient occupancy tax","order_by":null,"url":"\/58.1-3819\/"}],"permalink":{"id":159553,"object_type":"law","relational_id":56281,"identifier":"15.2-5517","token":"15.2\/IV\/55.2\/15.2-5517","url":"\/15.2-5517\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-5517\/","token":"15.2\/IV\/55.2\/15.2-5517","dublin_core":{"Title":"One or more localities may create authority","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5517","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The governing body<\/span> of a locality<\/span> may by ordinance<\/span> or resolution, or the governing bodies of two or more localities may by concurrent ordinances<\/span> or resolutions or by agreement, create a tourism financing development authority for the purpose of supporting tourism infrastructure in localities. The name of the authority shall contain the word “authority.” The authority shall be a public body politic and corporate. Any such locality<\/span> that levies a transient occupancy tax pursuant to \u00a7 58.1-3819<\/a> shall designate any excess over two percent to be used for purposes of the authority except such revenues that are otherwise encumbered by the locality<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nONE OR MORE LOCALITIES MAY CREATE AUTHORITY (\u00a7 15.2-5517)\n\nThe governing body of a locality may by ordinance or resolution, or the\ngoverning bodies of two or more localities may by concurrent ordinances or\nresolutions or by agreement, create a tourism financing development authority\nfor the purpose of supporting tourism infrastructure in localities. The name of\nthe authority shall contain the word “authority.” The authority\nshall be a public body politic and corporate. Any such locality that levies a\ntransient occupancy tax pursuant to \u00a7 58.1-3819 shall designate any excess over\ntwo percent to be used for purposes of the authority except such revenues that\nare otherwise encumbered by the locality.\n\nHISTORY: 2007, c. 864.","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}}