{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/2.2-2347.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/2.2-2347.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/2.2-2347.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/2.2-2347.html"}],"law_id":82533,"edition_id":1,"section_id":82533,"structure_id":13535,"section_number":"2.2-2347","catch_line":"Exemption from taxation","history":"2011, c. 716.","full_text":"The bonds or other securities issued by the Authority, the interest thereon, and all real and personal property and any interest therein of the Authority, and all income derived therefrom by the Authority shall at all times be free from taxation by the Commonwealth, or by any political subdivision thereof.","order_by":null,"text":{"0":{"id":295688,"text":"The bonds or other securities issued by the Authority, the interest thereon, and all real and personal property and any interest therein of the Authority, and all income derived therefrom by the Authority shall at all times be free from taxation by the Commonwealth, or by any political subdivision thereof.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13535,"edition_id":1,"name":"Fort Monroe Authority Act","identifier":"10","label":"article","depth":5,"order_by":1,"parent_id":13344,"metadata":{},"date_created":"2026-06-26 03:45:09","date_modified":"2026-06-26 03:45:09","permalink":{"id":173953,"object_type":"structure","relational_id":13535,"identifier":"10","token":"2.2\/I\/D\/22\/10","url":"\/2.2\/I\/D\/22\/10\/","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":85644,"structure_id":13535,"section_number":"2.2-2336","catch_line":"Short title; declaration of public purpose; Fort Monroe Authority created; successor in interest to Fort Monroe Federal Area Development Authority","url":"\/2.2-2336\/","token":"2.2\/I\/D\/22\/10\/2.2-2336","metadata":false},{"id":86922,"structure_id":13535,"section_number":"2.2-2337","catch_line":"Definitions","url":"\/2.2-2337\/","token":"2.2\/I\/D\/22\/10\/2.2-2337","metadata":false},{"id":76395,"structure_id":13535,"section_number":"2.2-2338","catch_line":"Board of Trustees; membership","url":"\/2.2-2338\/","token":"2.2\/I\/D\/22\/10\/2.2-2338","metadata":false},{"id":75257,"structure_id":13535,"section_number":"2.2-2339","catch_line":"Duties of the Authority","url":"\/2.2-2339\/","token":"2.2\/I\/D\/22\/10\/2.2-2339","metadata":false},{"id":62239,"structure_id":13535,"section_number":"2.2-2339.1","catch_line":"Fort Monroe Master Plan; approval by Governor","url":"\/2.2-2339.1\/","token":"2.2\/I\/D\/22\/10\/2.2-2339.1","metadata":false},{"id":61272,"structure_id":13535,"section_number":"2.2-2340","catch_line":"Additional declaration of policy; powers of the Authority; penalty","url":"\/2.2-2340\/","token":"2.2\/I\/D\/22\/10\/2.2-2340","metadata":false},{"id":77756,"structure_id":13535,"section_number":"2.2-2340.1","catch_line":"Use of safety and security enhancement devices","url":"\/2.2-2340.1\/","token":"2.2\/I\/D\/22\/10\/2.2-2340.1","metadata":false},{"id":75300,"structure_id":13535,"section_number":"2.2-2341","catch_line":"Relationship to the City of Hampton","url":"\/2.2-2341\/","token":"2.2\/I\/D\/22\/10\/2.2-2341","metadata":false},{"id":54501,"structure_id":13535,"section_number":"2.2-2341.1","catch_line":"Control over the use of certain vehicles","url":"\/2.2-2341.1\/","token":"2.2\/I\/D\/22\/10\/2.2-2341.1","metadata":false},{"id":67540,"structure_id":13535,"section_number":"2.2-2342","catch_line":"Payments to Commonwealth or political subdivisions thereof; payments to the City of Hampton","url":"\/2.2-2342\/","token":"2.2\/I\/D\/22\/10\/2.2-2342","metadata":false},{"id":66702,"structure_id":13535,"section_number":"2.2-2343","catch_line":"Authority may borrow money, accept contributions, etc","url":"\/2.2-2343\/","token":"2.2\/I\/D\/22\/10\/2.2-2343","metadata":false},{"id":80237,"structure_id":13535,"section_number":"2.2-2344","catch_line":"Authority empowered to issue bonds; additional security; liability thereon","url":"\/2.2-2344\/","token":"2.2\/I\/D\/22\/10\/2.2-2344","metadata":false},{"id":71633,"structure_id":13535,"section_number":"2.2-2345","catch_line":"Powers and duties of chief executive officer","url":"\/2.2-2345\/","token":"2.2\/I\/D\/22\/10\/2.2-2345","metadata":false},{"id":64131,"structure_id":13535,"section_number":"2.2-2346","catch_line":"Legal services","url":"\/2.2-2346\/","token":"2.2\/I\/D\/22\/10\/2.2-2346","metadata":false},{"id":82533,"structure_id":13535,"section_number":"2.2-2347","catch_line":"Exemption from taxation","url":"\/2.2-2347\/","token":"2.2\/I\/D\/22\/10\/2.2-2347","metadata":false},{"id":70215,"structure_id":13535,"section_number":"2.2-2348","catch_line":"Rents, fees, and charges; disposition of revenues","url":"\/2.2-2348\/","token":"2.2\/I\/D\/22\/10\/2.2-2348","metadata":false},{"id":75196,"structure_id":13535,"section_number":"2.2-2348.1","catch_line":"Ratification of the ownership of certain lands in the City of Hampton known as Fort Monroe; ownership and operation of utilities","url":"\/2.2-2348.1\/","token":"2.2\/I\/D\/22\/10\/2.2-2348.1","metadata":false},{"id":81189,"structure_id":13535,"section_number":"2.2-2349","catch_line":"Powers conferred additional and supplemental; liberal construction","url":"\/2.2-2349\/","token":"2.2\/I\/D\/22\/10\/2.2-2349","metadata":false},{"id":68179,"structure_id":13535,"section_number":"2.2-2349.1","catch_line":"Chapter controlling over inconsistent laws","url":"\/2.2-2349.1\/","token":"2.2\/I\/D\/22\/10\/2.2-2349.1","metadata":false},{"id":57715,"structure_id":13535,"section_number":"2.2-2350","catch_line":"Sovereign immunity","url":"\/2.2-2350\/","token":"2.2\/I\/D\/22\/10\/2.2-2350","metadata":false}],"previous_section":{"id":64131,"structure_id":13535,"section_number":"2.2-2346","catch_line":"Legal services","url":"\/2.2-2346\/","token":"2.2\/I\/D\/22\/10\/2.2-2346","metadata":false},"next_section":{"id":70215,"structure_id":13535,"section_number":"2.2-2348","catch_line":"Rents, fees, and charges; disposition of revenues","url":"\/2.2-2348\/","token":"2.2\/I\/D\/22\/10\/2.2-2348","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/2.2-2347\/","history_text":"<p>This law was first created in 2011. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?111+ful+CHAP0716\">716<\/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":false,"permalink":{"id":174011,"object_type":"law","relational_id":82533,"identifier":"2.2-2347","token":"2.2\/I\/D\/22\/10\/2.2-2347","url":"\/2.2-2347\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/2.2-2347\/","token":"2.2\/I\/D\/22\/10\/2.2-2347","dublin_core":{"Title":"Exemption from taxation","Type":"Text","Format":"text\/html","Identifier":"\u00a7 2.2-2347","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span> or other securities issued by the <span class=\"dictionary\">Authority<\/span>, the interest thereon, and all real and personal property and any interest therein of the <span class=\"dictionary\">Authority<\/span>, and all income derived therefrom by the <span class=\"dictionary\">Authority<\/span> shall at all times be free from taxation by the <span class=\"dictionary\">Commonwealth<\/span>, or by any political subdivision thereof.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEXEMPTION FROM TAXATION (\u00a7 2.2-2347)\n\nThe bonds or other securities issued by the Authority, the interest thereon, and\nall real and personal property and any interest therein of the Authority, and\nall income derived therefrom by the Authority shall at all times be free from\ntaxation by the Commonwealth, or by any political subdivision thereof.\n\nHISTORY: 2011, c. 716.","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}}