{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/56-575.10.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/56-575.10.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/56-575.10.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/56-575.10.html"}],"law_id":54274,"edition_id":1,"section_id":54274,"structure_id":13265,"section_number":"56-575.10","catch_line":"Federal, state and local assistance","history":"2002, c. 571; 2005, c. 865.","full_text":"A\n\nAny financing of a qualifying facility may be in such amounts and upon such terms and conditions as may be determined by the parties to the interim or comprehensive agreement. Without limiting the generality of the terms and conditions of the financing, the private entity and the responsible public entity may propose to utilize any and all funding resources that may be available to them and may, to the fullest extent permitted by applicable law, issue debt, equity, or other securities or obligations, enter into leases, access any designated trust funds, borrow or accept grants from any state infrastructure bank, and secure any financing with a pledge of, security interest in, or lien on, any or all of its property, including all of its property interests in the qualifying facility.B\n\nThe responsible public entity may take any action to obtain federal, state, or local assistance for a qualifying project that serves the public purpose of this chapter and may enter into any contracts required to receive such assistance. If the responsible public entity is a state agency, any funds received from the state or federal government or any agency or instrumentality thereof shall be subject to appropriation by the General Assembly. The responsible public entity may determine that it serves the public purpose of this chapter for all or any portion of the costs of a qualifying project to be paid, directly or indirectly, from the proceeds of a grant or loan made by the local, state, or federal government or any agency or instrumentality thereof.","order_by":null,"text":{"0":{"id":199256,"text":"Any financing of a qualifying facility may be in such amounts and upon such terms and conditions as may be determined by the parties to the interim or comprehensive agreement. Without limiting the generality of the terms and conditions of the financing, the private entity and the responsible public entity may propose to utilize any and all funding resources that may be available to them and may, to the fullest extent permitted by applicable law, issue debt, equity, or other securities or obligations, enter into leases, access any designated trust funds, borrow or accept grants from any state infrastructure bank, and secure any financing with a pledge of, security interest in, or lien on, any or all of its property, including all of its property interests in the qualifying facility.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":199257,"text":"The responsible public entity may take any action to obtain federal, state, or local assistance for a qualifying project that serves the public purpose of this chapter and may enter into any contracts required to receive such assistance. If the responsible public entity is a state agency, any funds received from the state or federal government or any agency or instrumentality thereof shall be subject to appropriation by the General Assembly. The responsible public entity may determine that it serves the public purpose of this chapter for all or any portion of the costs of a qualifying project to be paid, directly or indirectly, from the proceeds of a grant or loan made by the local, state, or federal government or any agency or instrumentality thereof.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":13265,"edition_id":1,"name":"The Public-Private Education Facilities and Infrastructure Act of 2002","identifier":"22.1","label":"chapter","depth":2,"order_by":1,"parent_id":12881,"metadata":{},"date_created":"2026-06-26 03:44:33","date_modified":"2026-06-26 03:44:33","permalink":{"id":250511,"object_type":"structure","relational_id":13265,"identifier":"22.1","token":"56\/22.1","url":"\/56\/22.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12881,"edition_id":1,"name":"Public Service Companies","identifier":"56","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:58","date_modified":"2026-06-26 03:43:58","permalink":{"id":248473,"object_type":"structure","relational_id":12881,"identifier":"56","token":"56","url":"\/56\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":54549,"structure_id":13265,"section_number":"56-575.1","catch_line":"Definitions","url":"\/56-575.1\/","token":"56\/22.1\/56-575.1","metadata":false},{"id":54274,"structure_id":13265,"section_number":"56-575.10","catch_line":"Federal, state and local assistance","url":"\/56-575.10\/","token":"56\/22.1\/56-575.10","metadata":false},{"id":56009,"structure_id":13265,"section_number":"56-575.11","catch_line":"Material default; remedies","url":"\/56-575.11\/","token":"56\/22.1\/56-575.11","metadata":false},{"id":87080,"structure_id":13265,"section_number":"56-575.12","catch_line":"Condemnation","url":"\/56-575.12\/","token":"56\/22.1\/56-575.12","metadata":false},{"id":82966,"structure_id":13265,"section_number":"56-575.13","catch_line":"Utility crossing","url":"\/56-575.13\/","token":"56\/22.1\/56-575.13","metadata":false},{"id":81141,"structure_id":13265,"section_number":"56-575.14","catch_line":"Police powers; violations of law","url":"\/56-575.14\/","token":"56\/22.1\/56-575.14","metadata":false},{"id":73223,"structure_id":13265,"section_number":"56-575.15","catch_line":"Sovereign immunity","url":"\/56-575.15\/","token":"56\/22.1\/56-575.15","metadata":false},{"id":63083,"structure_id":13265,"section_number":"56-575.16","catch_line":"Procurement","url":"\/56-575.16\/","token":"56\/22.1\/56-575.16","metadata":false},{"id":80943,"structure_id":13265,"section_number":"56-575.17","catch_line":"Posting of conceptual proposals; public comment; public access to procurement records","url":"\/56-575.17\/","token":"56\/22.1\/56-575.17","metadata":false},{"id":77861,"structure_id":13265,"section_number":"56-575.17:1","catch_line":"Contributions and gifts; prohibition during approval process","url":"\/56-575.17_1\/","token":"56\/22.1\/56-575.17_1","metadata":false},{"id":71889,"structure_id":13265,"section_number":"56-575.18","catch_line":"Auditor of Public Accounts","url":"\/56-575.18\/","token":"56\/22.1\/56-575.18","metadata":false},{"id":79879,"structure_id":13265,"section_number":"56-575.2","catch_line":"Declaration of public purpose","url":"\/56-575.2\/","token":"56\/22.1\/56-575.2","metadata":false},{"id":62611,"structure_id":13265,"section_number":"56-575.3","catch_line":"Prerequisite for operation of a qualifying project","url":"\/56-575.3\/","token":"56\/22.1\/56-575.3","metadata":false},{"id":80801,"structure_id":13265,"section_number":"56-575.3:1","catch_line":"Adoption of guidelines by responsible public entities","url":"\/56-575.3_1\/","token":"56\/22.1\/56-575.3_1","metadata":false},{"id":78855,"structure_id":13265,"section_number":"56-575.4","catch_line":"Approval of qualifying projects by the responsible public entity","url":"\/56-575.4\/","token":"56\/22.1\/56-575.4","metadata":false},{"id":54265,"structure_id":13265,"section_number":"56-575.5","catch_line":"Service contracts","url":"\/56-575.5\/","token":"56\/22.1\/56-575.5","metadata":false},{"id":71324,"structure_id":13265,"section_number":"56-575.6","catch_line":"Affected local jurisdictions","url":"\/56-575.6\/","token":"56\/22.1\/56-575.6","metadata":false},{"id":83102,"structure_id":13265,"section_number":"56-575.7","catch_line":"Dedication of public property","url":"\/56-575.7\/","token":"56\/22.1\/56-575.7","metadata":false},{"id":58668,"structure_id":13265,"section_number":"56-575.8","catch_line":"Powers and duties of the private entity","url":"\/56-575.8\/","token":"56\/22.1\/56-575.8","metadata":false},{"id":70640,"structure_id":13265,"section_number":"56-575.9","catch_line":"Comprehensive agreement","url":"\/56-575.9\/","token":"56\/22.1\/56-575.9","metadata":false},{"id":86484,"structure_id":13265,"section_number":"56-575.9:1","catch_line":"Interim agreement","url":"\/56-575.9_1\/","token":"56\/22.1\/56-575.9_1","metadata":false}],"previous_section":{"id":54549,"structure_id":13265,"section_number":"56-575.1","catch_line":"Definitions","url":"\/56-575.1\/","token":"56\/22.1\/56-575.1","metadata":false},"next_section":{"id":56009,"structure_id":13265,"section_number":"56-575.11","catch_line":"Material default; remedies","url":"\/56-575.11\/","token":"56\/22.1\/56-575.11","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/56-575.10\/","history_text":"

This law was first created in 2002. The record of its establishment is cataloged in chapter 571<\/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 2005, chapter 865<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":250517,"object_type":"law","relational_id":54274,"identifier":"56-575.10","token":"56\/22.1\/56-575.10","url":"\/56-575.10\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/56-575.10\/","token":"56\/22.1\/56-575.10","dublin_core":{"Title":"Federal, state and local assistance","Type":"Text","Format":"text\/html","Identifier":"\u00a7 56-575.10","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Any financing of a qualifying facility may be in such amounts and upon such terms and conditions as may be determined by the parties to the interim or comprehensive agreement<\/span>. Without limiting the generality of the terms and conditions of the financing, the private entity<\/span> and the responsible public entity<\/span> may propose to utilize any and all funding resources that may be available to them and may, to the fullest extent permitted by applicable law<\/span>, issue<\/span> debt, equity<\/span>, or other securities or obligations, enter into leases, access any designated trust funds, borrow or accept grants from any state<\/span> infrastructure bank, and secure any financing with a pledge of, security interest in, or lien<\/span> on, any or all of its property, including all of its property interests in the qualifying facility. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The responsible public entity<\/span> may take any action to obtain federal, state<\/span>, or local assistance for a qualifying project<\/span> that serves the public purpose of this chapter and may enter into any contracts<\/span> required to receive such assistance. If the responsible public entity<\/span> is a state<\/span> agency, any funds received from the state<\/span> or federal government or any agency or instrumentality thereof shall be subject to appropriation by the General Assembly. The responsible public entity<\/span> may determine that it serves the public purpose of this chapter for all or any portion of the costs of a qualifying project<\/span> to be paid, directly or indirectly, from the proceeds of a grant or loan made by the local, state<\/span>, or federal government or any agency or instrumentality thereof. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nFEDERAL, STATE AND LOCAL ASSISTANCE (\u00a7 56-575.10)\n\nA. Any financing of a qualifying facility may be in such amounts and upon such\nterms and conditions as may be determined by the parties to the interim or\ncomprehensive agreement. Without limiting the generality of the terms and\nconditions of the financing, the private entity and the responsible public\nentity may propose to utilize any and all funding resources that may be\navailable to them and may, to the fullest extent permitted by applicable law,\nissue debt, equity, or other securities or obligations, enter into leases,\naccess any designated trust funds, borrow or accept grants from any state\ninfrastructure bank, and secure any financing with a pledge of, security\ninterest in, or lien on, any or all of its property, including all of its\nproperty interests in the qualifying facility.\n\nB. The responsible public entity may take any action to obtain federal, state,\nor local assistance for a qualifying project that serves the public purpose of\nthis chapter and may enter into any contracts required to receive such\nassistance. If the responsible public entity is a state agency, any funds\nreceived from the state or federal government or any agency or instrumentality\nthereof shall be subject to appropriation by the General Assembly. The\nresponsible public entity may determine that it serves the public purpose of\nthis chapter for all or any portion of the costs of a qualifying project to be\npaid, directly or indirectly, from the proceeds of a grant or loan made by the\nlocal, state, or federal government or any agency or instrumentality thereof.\n\nHISTORY: 2002, c. 571; 2005, c. 865.","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}}