{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-3245.7.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-3245.7.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-3245.7.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-3245.7.html"}],"law_id":85056,"edition_id":1,"section_id":85056,"structure_id":14125,"section_number":"58.1-3245.7","catch_line":"Promotion of development of local enterprise zones","history":"1997, c. 314.","full_text":"It is hereby found and declared that the health, safety, and welfare of the citizens of the Commonwealth are dependent upon the continual encouragement, development, growth, and expansion of the private sector within the Commonwealth and that there are certain areas in the Commonwealth that need the attention of local governments to attract private sector investment. Local government efforts to encourage private investment in areas designated by the Governor as enterprise zones will complement the efforts of the Commonwealth to stimulate business and industrial growth in such areas. It is essential to the public interest that governing bodies of counties, cities, and towns have authority to use tax increments to encourage private investment in local enterprise zones.","order_by":null,"text":{"0":{"id":304850,"text":"It is hereby found and declared that the health, safety, and welfare of the citizens of the Commonwealth are dependent upon the continual encouragement, development, growth, and expansion of the private sector within the Commonwealth and that there are certain areas in the Commonwealth that need the attention of local governments to attract private sector investment. Local government efforts to encourage private investment in areas designated by the Governor as enterprise zones will complement the efforts of the Commonwealth to stimulate business and industrial growth in such areas. It is essential to the public interest that governing bodies of counties, cities, and towns have authority to use tax increments to encourage private investment in local enterprise zones.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14125,"edition_id":1,"name":"Local Enterprise Zone Development Taxation Program","identifier":"4.2","label":"article","depth":4,"order_by":1,"parent_id":12997,"metadata":{},"date_created":"2026-06-26 03:46:56","date_modified":"2026-06-26 03:46:56","permalink":{"id":257403,"object_type":"structure","relational_id":14125,"identifier":"4.2","token":"58.1\/III\/32\/4.2","url":"\/58.1\/III\/32\/4.2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12997,"edition_id":1,"name":"Real Property Tax","identifier":"32","label":"chapter","depth":3,"order_by":1,"parent_id":12704,"metadata":{},"date_created":"2026-06-26 03:44:07","date_modified":"2026-06-26 03:44:07","permalink":{"id":256887,"object_type":"structure","relational_id":12997,"identifier":"32","token":"58.1\/III\/32","url":"\/58.1\/III\/32\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12704,"edition_id":1,"name":"Local Taxes","identifier":"III","label":"subtitle","depth":2,"order_by":1,"parent_id":12703,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":256459,"object_type":"structure","relational_id":12704,"identifier":"III","token":"58.1\/III","url":"\/58.1\/III\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12703,"edition_id":1,"name":"Taxation","identifier":"58.1","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":251959,"object_type":"structure","relational_id":12703,"identifier":"58.1","token":"58.1","url":"\/58.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":85275,"structure_id":14125,"section_number":"58.1-3245.10","catch_line":"Use of funds deposited in the Local Enterprise Zone Development Fund","url":"\/58.1-3245.10\/","token":"58.1\/III\/32\/4.2\/58.1-3245.10","metadata":false},{"id":60653,"structure_id":14125,"section_number":"58.1-3245.11","catch_line":"Dissolving the Local Enterprise Zone Development Fund","url":"\/58.1-3245.11\/","token":"58.1\/III\/32\/4.2\/58.1-3245.11","metadata":false},{"id":82762,"structure_id":14125,"section_number":"58.1-3245.12","catch_line":"Local enterprise zone program for technology, defense, or green development zones","url":"\/58.1-3245.12\/","token":"58.1\/III\/32\/4.2\/58.1-3245.12","metadata":false},{"id":65687,"structure_id":14125,"section_number":"58.1-3245.6","catch_line":"Definitions","url":"\/58.1-3245.6\/","token":"58.1\/III\/32\/4.2\/58.1-3245.6","metadata":false},{"id":85056,"structure_id":14125,"section_number":"58.1-3245.7","catch_line":"Promotion of development of local enterprise zones","url":"\/58.1-3245.7\/","token":"58.1\/III\/32\/4.2\/58.1-3245.7","metadata":false},{"id":55261,"structure_id":14125,"section_number":"58.1-3245.8","catch_line":"Adoption of local enterprise zone development taxation program","url":"\/58.1-3245.8\/","token":"58.1\/III\/32\/4.2\/58.1-3245.8","metadata":false},{"id":86993,"structure_id":14125,"section_number":"58.1-3245.9","catch_line":"Copies of local enterprise zone development taxation ordinance to local assessing officer and treasurer or director of finance","url":"\/58.1-3245.9\/","token":"58.1\/III\/32\/4.2\/58.1-3245.9","metadata":false}],"previous_section":{"id":65687,"structure_id":14125,"section_number":"58.1-3245.6","catch_line":"Definitions","url":"\/58.1-3245.6\/","token":"58.1\/III\/32\/4.2\/58.1-3245.6","metadata":false},"next_section":{"id":55261,"structure_id":14125,"section_number":"58.1-3245.8","catch_line":"Adoption of local enterprise zone development taxation program","url":"\/58.1-3245.8\/","token":"58.1\/III\/32\/4.2\/58.1-3245.8","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-3245.7\/","history_text":"

This law was first created in 1997. The record of its establishment is cataloged in chapter 314<\/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":257421,"object_type":"law","relational_id":85056,"identifier":"58.1-3245.7","token":"58.1\/III\/32\/4.2\/58.1-3245.7","url":"\/58.1-3245.7\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-3245.7\/","token":"58.1\/III\/32\/4.2\/58.1-3245.7","dublin_core":{"Title":"Promotion of development of local enterprise zones","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-3245.7","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

It is hereby found and declared that the health, safety, and welfare of the citizens of the Commonwealth are dependent upon the continual encouragement, development, growth, and expansion of the private sector within the Commonwealth and that there are certain areas in the Commonwealth that need the attention of local governments to attract private sector investment. Local government efforts to encourage private investment in areas designated by the Governor as enterprise zones will complement the efforts of the Commonwealth to stimulate business and industrial growth in such areas. It is essential to the public interest that governing bodies of counties, cities, and towns have authority to use tax increments<\/span> to encourage private investment in local enterprise zones<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPROMOTION OF DEVELOPMENT OF LOCAL ENTERPRISE ZONES (\u00a7 58.1-3245.7)\n\nIt is hereby found and declared that the health, safety, and welfare of the\ncitizens of the Commonwealth are dependent upon the continual encouragement,\ndevelopment, growth, and expansion of the private sector within the Commonwealth\nand that there are certain areas in the Commonwealth that need the attention of\nlocal governments to attract private sector investment. Local government efforts\nto encourage private investment in areas designated by the Governor as\nenterprise zones will complement the efforts of the Commonwealth to stimulate\nbusiness and industrial growth in such areas. It is essential to the public\ninterest that governing bodies of counties, cities, and towns have authority to\nuse tax increments to encourage private investment in local enterprise zones.\n\nHISTORY: 1997, c. 314.","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}}