{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/2.2-2324.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/2.2-2324.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/2.2-2324.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/2.2-2324.html"}],"law_id":81069,"edition_id":1,"section_id":81069,"structure_id":15302,"section_number":"2.2-2324","catch_line":"Exemption from taxation","history":"1999, cc. 852, 881, \u00a7 2.1-548.64; 2001, c. 844.","full_text":"As set forth in subsection C of \u00a7 2.2-2315, the Authority shall be performing an essential governmental function in the exercise of the powers conferred upon it by this article. Accordingly, the Authority shall not be required to pay any taxes or assessments upon any project or any property or upon any operations of the Authority or the income therefrom. Agents, lessees, sublessees, or users of tangible personal property owned by or leased to the Authority also shall not be required to pay any sales or use tax upon such property or the revenue derived therefrom.","order_by":null,"text":{"0":{"id":290547,"text":"As set forth in subsection C of \u00a7 2.2-2315, the Authority shall be performing an essential governmental function in the exercise of the powers conferred upon it by this article. Accordingly, the Authority shall not be required to pay any taxes or assessments upon any project or any property or upon any operations of the Authority or the income therefrom. Agents, lessees, sublessees, or users of tangible personal property owned by or leased to the Authority also shall not be required to pay any sales or use tax upon such property or the revenue derived therefrom.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15302,"edition_id":1,"name":"Virginia Tourism Authority","identifier":"8","label":"article","depth":5,"order_by":1,"parent_id":13344,"metadata":{},"date_created":"2026-06-26 03:53:46","date_modified":"2026-06-26 03:53:46","permalink":{"id":174615,"object_type":"structure","relational_id":15302,"identifier":"8","token":"2.2\/I\/D\/22\/8","url":"\/2.2\/I\/D\/22\/8\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13344,"edition_id":1,"name":"Authorities","identifier":"22","label":"chapter","depth":4,"order_by":1,"parent_id":12785,"metadata":{},"date_created":"2026-06-26 03:44:41","date_modified":"2026-06-26 03:44:41","permalink":{"id":173945,"object_type":"structure","relational_id":13344,"identifier":"22","token":"2.2\/I\/D\/22","url":"\/2.2\/I\/D\/22\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12785,"edition_id":1,"name":"State Authorities, Boards, Commissions, Councils, Foundations and Other Collegial Bodies","identifier":"D","label":"part","depth":3,"order_by":1,"parent_id":12784,"metadata":{},"date_created":"2026-06-26 03:43:53","date_modified":"2026-06-26 03:43:53","permalink":{"id":173913,"object_type":"structure","relational_id":12785,"identifier":"D","token":"2.2\/I\/D","url":"\/2.2\/I\/D\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12784,"edition_id":1,"name":"Organization of State Government","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12749,"metadata":{},"date_created":"2026-06-26 03:43:53","date_modified":"2026-06-26 03:43:53","permalink":{"id":171455,"object_type":"structure","relational_id":12784,"identifier":"I","token":"2.2\/I","url":"\/2.2\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12749,"edition_id":1,"name":"Administration of Government","identifier":"2.2","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":171453,"object_type":"structure","relational_id":12749,"identifier":"2.2","token":"2.2","url":"\/2.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":60708,"structure_id":15302,"section_number":"2.2-2315","catch_line":"Short title; declaration of public purpose; Authority created","url":"\/2.2-2315\/","token":"2.2\/I\/D\/22\/8\/2.2-2315","metadata":false},{"id":74853,"structure_id":15302,"section_number":"2.2-2316","catch_line":"Executive Director; Board of Directors; members and officers","url":"\/2.2-2316\/","token":"2.2\/I\/D\/22\/8\/2.2-2316","metadata":false},{"id":84091,"structure_id":15302,"section_number":"2.2-2317","catch_line":"Appointment and duties of Executive Director","url":"\/2.2-2317\/","token":"2.2\/I\/D\/22\/8\/2.2-2317","metadata":false},{"id":76694,"structure_id":15302,"section_number":"2.2-2318","catch_line":"Powers of Authority","url":"\/2.2-2318\/","token":"2.2\/I\/D\/22\/8\/2.2-2318","metadata":false},{"id":66382,"structure_id":15302,"section_number":"2.2-2319","catch_line":"Cooperative Marketing Fund","url":"\/2.2-2319\/","token":"2.2\/I\/D\/22\/8\/2.2-2319","metadata":false},{"id":60814,"structure_id":15302,"section_number":"2.2-2320","catch_line":"Governor's Motion Picture Opportunity Fund","url":"\/2.2-2320\/","token":"2.2\/I\/D\/22\/8\/2.2-2320","metadata":false},{"id":82503,"structure_id":15302,"section_number":"2.2-2320.1","catch_line":"Governor's New Airline Service Incentive Fund","url":"\/2.2-2320.1\/","token":"2.2\/I\/D\/22\/8\/2.2-2320.1","metadata":false},{"id":58262,"structure_id":15302,"section_number":"2.2-2320.2","catch_line":"Tourism promotion grants","url":"\/2.2-2320.2\/","token":"2.2\/I\/D\/22\/8\/2.2-2320.2","metadata":false},{"id":62007,"structure_id":15302,"section_number":"2.2-2320.3","catch_line":"Virginia Sports Tourism Grant Program; report","url":"\/2.2-2320.3\/","token":"2.2\/I\/D\/22\/8\/2.2-2320.3","metadata":false},{"id":66944,"structure_id":15302,"section_number":"2.2-2321","catch_line":"Grants from Commonwealth","url":"\/2.2-2321\/","token":"2.2\/I\/D\/22\/8\/2.2-2321","metadata":false},{"id":62817,"structure_id":15302,"section_number":"2.2-2322","catch_line":"Deposit of money; expenditures; security for deposits","url":"\/2.2-2322\/","token":"2.2\/I\/D\/22\/8\/2.2-2322","metadata":false},{"id":85219,"structure_id":15302,"section_number":"2.2-2323","catch_line":"Forms of accounts and records; annual reports; audit","url":"\/2.2-2323\/","token":"2.2\/I\/D\/22\/8\/2.2-2323","metadata":false},{"id":81069,"structure_id":15302,"section_number":"2.2-2324","catch_line":"Exemption from taxation","url":"\/2.2-2324\/","token":"2.2\/I\/D\/22\/8\/2.2-2324","metadata":false},{"id":87305,"structure_id":15302,"section_number":"2.2-2325","catch_line":"Exemptions from personnel and procurement procedures; adoption of procurement policies","url":"\/2.2-2325\/","token":"2.2\/I\/D\/22\/8\/2.2-2325","metadata":false},{"id":65370,"structure_id":15302,"section_number":"2.2-2326","catch_line":"Sovereign immunity","url":"\/2.2-2326\/","token":"2.2\/I\/D\/22\/8\/2.2-2326","metadata":false},{"id":67465,"structure_id":15302,"section_number":"2.2-2327","catch_line":"Liberal construction of article","url":"\/2.2-2327\/","token":"2.2\/I\/D\/22\/8\/2.2-2327","metadata":false}],"previous_section":{"id":85219,"structure_id":15302,"section_number":"2.2-2323","catch_line":"Forms of accounts and records; annual reports; audit","url":"\/2.2-2323\/","token":"2.2\/I\/D\/22\/8\/2.2-2323","metadata":false},"next_section":{"id":87305,"structure_id":15302,"section_number":"2.2-2325","catch_line":"Exemptions from personnel and procurement procedures; adoption of procurement policies","url":"\/2.2-2325\/","token":"2.2\/I\/D\/22\/8\/2.2-2325","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/2.2-2324\/","history_text":"

This law was first created in 1999. The record of its establishment is cataloged in chapters 852<\/a> and 881<\/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. 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 2001, chapter 844<\/a>.<\/p>","references":false,"refers_to":[{"id":60708,"section_number":"2.2-2315","catch_line":"Short title; declaration of public purpose; Authority created","order_by":null,"url":"\/2.2-2315\/"}],"permalink":{"id":174665,"object_type":"law","relational_id":81069,"identifier":"2.2-2324","token":"2.2\/I\/D\/22\/8\/2.2-2324","url":"\/2.2-2324\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/2.2-2324\/","token":"2.2\/I\/D\/22\/8\/2.2-2324","dublin_core":{"Title":"Exemption from taxation","Type":"Text","Format":"text\/html","Identifier":"\u00a7 2.2-2324","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

As set forth in subsection C of \u00a7 2.2-2315<\/a>, the Authority<\/span> shall be performing an essential governmental function in the exercise of the powers conferred upon it by this article. Accordingly, the Authority<\/span> shall not be required to pay any taxes or assessments upon any project or any property or upon any operations of the Authority<\/span> or the income therefrom. Agents, lessees, sublessees, or users of tangible personal property owned by or leased to the Authority<\/span> also shall not be required to pay any sales or use tax upon such property or the revenue derived therefrom.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nEXEMPTION FROM TAXATION (\u00a7 2.2-2324)\n\nAs set forth in subsection C of \u00a7 2.2-2315, the Authority shall be performing\nan essential governmental function in the exercise of the powers conferred upon\nit by this article. Accordingly, the Authority shall not be required to pay any\ntaxes or assessments upon any project or any property or upon any operations of\nthe Authority or the income therefrom. Agents, lessees, sublessees, or users of\ntangible personal property owned by or leased to the Authority also shall not be\nrequired to pay any sales or use tax upon such property or the revenue derived\ntherefrom.\n\nHISTORY: 1999, cc. 852, 881, \u00a7 2.1-548.64; 2001, c. 844.","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}}