{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/33.2-3807.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/33.2-3807.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/33.2-3807.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/33.2-3807.html"}],"law_id":85129,"edition_id":1,"section_id":85129,"structure_id":14024,"section_number":"33.2-3807","catch_line":"Revenue sharing agreements","history":"2021, Sp. Sess. I, cc. 353, 354.","full_text":"Notwithstanding the requirements of Chapter 34 (\u00a7 15.2-3400 et seq.) of Title 15.2, the members may agree to a revenue and economic growth-sharing arrangement with respect to tax revenues and other income and revenues generated by any facility owned by the authority. Such members may be located in any jurisdiction participating in the Appalachian Region Interstate Compact or a similar agreement of interstate cooperation for economic development authorized by law. The obligations of the parties to any such agreement shall not be construed to be debt within the meaning of Article VII, Section 10 of the Constitution of Virginia. Any such agreement shall be approved by a majority vote of the governing bodies of the members reaching such an agreement but shall not require any other approval.","order_by":null,"text":{"0":{"id":305064,"text":"Notwithstanding the requirements of Chapter 34 (\u00a7 15.2-3400 et seq.) of Title 15.2, the members may agree to a revenue and economic growth-sharing arrangement with respect to tax revenues and other income and revenues generated by any facility owned by the authority. Such members may be located in any jurisdiction participating in the Appalachian Region Interstate Compact or a similar agreement of interstate cooperation for economic development authorized by law. The obligations of the parties to any such agreement shall not be construed to be debt within the meaning of Article VII, Section 10 of the Constitution of Virginia. Any such agreement shall be approved by a majority vote of the governing bodies of the members reaching such an agreement but shall not require any other approval.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14024,"edition_id":1,"name":"New River Valley Passenger Rail Station Authority","identifier":"38","label":"chapter","depth":3,"order_by":1,"parent_id":12807,"metadata":{},"date_created":"2026-06-26 03:46:38","date_modified":"2026-06-26 03:46:38","permalink":{"id":207889,"object_type":"structure","relational_id":14024,"identifier":"38","token":"33.2\/IV\/38","url":"\/33.2\/IV\/38\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12807,"edition_id":1,"name":"Local and Regional Transportation","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12806,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":206943,"object_type":"structure","relational_id":12807,"identifier":"IV","token":"33.2\/IV","url":"\/33.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12806,"edition_id":1,"name":"Highways and Other Surface Transportation Systems","identifier":"33.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":204785,"object_type":"structure","relational_id":12806,"identifier":"33.2","token":"33.2","url":"\/33.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":79563,"structure_id":14024,"section_number":"33.2-3800","catch_line":"Definitions","url":"\/33.2-3800\/","token":"33.2\/IV\/38\/33.2-3800","metadata":false},{"id":71086,"structure_id":14024,"section_number":"33.2-3801","catch_line":"Findings; 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remittance of tax revenue","url":"\/33.2-3806\/","token":"33.2\/IV\/38\/33.2-3806","metadata":false},"next_section":{"id":75998,"structure_id":14024,"section_number":"33.2-3808","catch_line":"Applicability of land use regulations","url":"\/33.2-3808\/","token":"33.2\/IV\/38\/33.2-3808","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/33.2-3807\/","history_text":false,"references":false,"refers_to":[{"id":75841,"section_number":"15.2-3400","catch_line":"Voluntary settlements among local governments","order_by":null,"url":"\/15.2-3400\/"}],"permalink":{"id":207919,"object_type":"law","relational_id":85129,"identifier":"33.2-3807","token":"33.2\/IV\/38\/33.2-3807","url":"\/33.2-3807\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/33.2-3807\/","token":"33.2\/IV\/38\/33.2-3807","dublin_core":{"Title":"Revenue sharing agreements","Type":"Text","Format":"text\/html","Identifier":"\u00a7 33.2-3807","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Notwithstanding the requirements of Chapter 34 (\u00a7 15.2-3400<\/a> et seq.) of Title 15.2, the members<\/span> may agree to a revenue and economic growth-sharing arrangement with respect to tax revenues<\/span> and other income and revenues<\/span> generated by any facility<\/span> owned by the authority<\/span>. Such members<\/span> may be located in any jurisdiction<\/span> participating in the Appalachian Region<\/span> Interstate Compact or a similar agreement of interstate cooperation for economic development authorized by law<\/span>. The obligations of the parties to any such agreement shall not be construed to be debt within the meaning of Article VII, Section 10 of the Constitution of Virginia. Any such agreement shall be approved by a majority vote of the governing bodies<\/span> of the members<\/span> reaching such an agreement but shall not require any other approval.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nREVENUE SHARING AGREEMENTS (\u00a7 33.2-3807)\n\nNotwithstanding the requirements of Chapter 34 (\u00a7 15.2-3400 et seq.) of Title\n15.2, the members may agree to a revenue and economic growth-sharing arrangement\nwith respect to tax revenues and other income and revenues generated by any\nfacility owned by the authority. Such members may be located in any jurisdiction\nparticipating in the Appalachian Region Interstate Compact or a similar\nagreement of interstate cooperation for economic development authorized by law.\nThe obligations of the parties to any such agreement shall not be construed to\nbe debt within the meaning of Article VII, Section 10 of the Constitution of\nVirginia. Any such agreement shall be approved by a majority vote of the\ngoverning bodies of the members reaching such an agreement but shall not require\nany other approval.\n\nHISTORY: 2021, Sp. Sess. I, cc. 353, 354.","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}}