{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/59.1-542.1.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/59.1-542.1.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/59.1-542.1.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/59.1-542.1.html"}],"law_id":78862,"edition_id":1,"section_id":78862,"structure_id":15032,"section_number":"59.1-542.1","catch_line":"Local incentives; motor sports facilities","history":"2024, c. 572.","full_text":"A\n\nA locality that is home to a motor sports facility, as defined in § 58.1-4030, in the Commonwealth may propose local incentives that address the economic conditions within such locality and will help stimulate real property improvements and new job creation. Such local incentives may include: (i) reduction of permit fees; (ii) reduction of user fees; (iii) reduction of business, professional, and occupational license taxes; or (iv) partial exemption from taxation of substantially rehabilitated real estate pursuant to § 58.1-3221. The extent and duration of such incentives shall conform to the requirements of the Constitutions of Virginia and the United States. Local incentives may also include regulatory flexibility, including (a) special zoning districts, (b) permit process reform, (c) exemptions from local ordinances, or (d) other public incentives that are binding on the locality.B\n\nA locality may establish eligibility criteria for local incentives that differ from the criteria required to qualify for the incentives provided by this chapter.","order_by":null,"text":{"0":{"id":282500,"text":"A locality that is home to a motor sports facility, as defined in § 58.1-4030, in the Commonwealth may propose local incentives that address the economic conditions within such locality and will help stimulate real property improvements and new job creation. Such local incentives may include: (i) reduction of permit fees; (ii) reduction of user fees; (iii) reduction of business, professional, and occupational license taxes; or (iv) partial exemption from taxation of substantially rehabilitated real estate pursuant to § 58.1-3221. The extent and duration of such incentives shall conform to the requirements of the Constitutions of Virginia and the United States. Local incentives may also include regulatory flexibility, including (a) special zoning districts, (b) permit process reform, (c) exemptions from local ordinances, or (d) other public incentives that are binding on the locality.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":282501,"text":"A locality may establish eligibility criteria for local incentives that differ from the criteria required to qualify for the incentives provided by this chapter.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":15032,"edition_id":1,"name":"Enterprise Zone Grant Program","identifier":"49","label":"chapter","depth":2,"order_by":1,"parent_id":12809,"metadata":{},"date_created":"2026-06-26 03:51:38","date_modified":"2026-06-26 03:51:38","permalink":{"id":262545,"object_type":"structure","relational_id":15032,"identifier":"49","token":"59.1\/49","url":"\/59.1\/49\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12809,"edition_id":1,"name":"Trade and Commerce","identifier":"59.1","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":259521,"object_type":"structure","relational_id":12809,"identifier":"59.1","token":"59.1","url":"\/59.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":85120,"structure_id":15032,"section_number":"59.1-538","catch_line":"Short title","url":"\/59.1-538\/","token":"59.1\/49\/59.1-538","metadata":false},{"id":83451,"structure_id":15032,"section_number":"59.1-539","catch_line":"Definitions","url":"\/59.1-539\/","token":"59.1\/49\/59.1-539","metadata":false},{"id":75850,"structure_id":15032,"section_number":"59.1-540","catch_line":"Administration","url":"\/59.1-540\/","token":"59.1\/49\/59.1-540","metadata":false},{"id":78883,"structure_id":15032,"section_number":"59.1-541","catch_line":"Rules and regulations","url":"\/59.1-541\/","token":"59.1\/49\/59.1-541","metadata":false},{"id":59075,"structure_id":15032,"section_number":"59.1-542","catch_line":"Enterprise zone designation","url":"\/59.1-542\/","token":"59.1\/49\/59.1-542","metadata":false},{"id":78862,"structure_id":15032,"section_number":"59.1-542.1","catch_line":"Local incentives; motor sports facilities","url":"\/59.1-542.1\/","token":"59.1\/49\/59.1-542.1","metadata":false},{"id":71306,"structure_id":15032,"section_number":"59.1-543","catch_line":"Local incentives","url":"\/59.1-543\/","token":"59.1\/49\/59.1-543","metadata":false},{"id":73104,"structure_id":15032,"section_number":"59.1-544","catch_line":"Amendment of enterprise zones; redesignation of certain joint enterprise zones","url":"\/59.1-544\/","token":"59.1\/49\/59.1-544","metadata":false},{"id":68273,"structure_id":15032,"section_number":"59.1-545","catch_line":"Application review","url":"\/59.1-545\/","token":"59.1\/49\/59.1-545","metadata":false},{"id":61555,"structure_id":15032,"section_number":"59.1-546","catch_line":"Review and termination of enterprise zones","url":"\/59.1-546\/","token":"59.1\/49\/59.1-546","metadata":false},{"id":57313,"structure_id":15032,"section_number":"59.1-547","catch_line":"Enterprise zone job creation grants","url":"\/59.1-547\/","token":"59.1\/49\/59.1-547","metadata":false},{"id":70661,"structure_id":15032,"section_number":"59.1-548","catch_line":"Enterprise zone real property investment grants","url":"\/59.1-548\/","token":"59.1\/49\/59.1-548","metadata":false},{"id":83391,"structure_id":15032,"section_number":"59.1-549","catch_line":"Policies and procedures for allocation of enterprise zone incentive grants","url":"\/59.1-549\/","token":"59.1\/49\/59.1-549","metadata":false}],"previous_section":{"id":59075,"structure_id":15032,"section_number":"59.1-542","catch_line":"Enterprise zone designation","url":"\/59.1-542\/","token":"59.1\/49\/59.1-542","metadata":false},"next_section":{"id":71306,"structure_id":15032,"section_number":"59.1-543","catch_line":"Local incentives","url":"\/59.1-543\/","token":"59.1\/49\/59.1-543","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/59.1-542.1\/","history_text":"

This law was first created in 2024. The record of its establishment is cataloged in chapter 572<\/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":[{"id":79170,"section_number":"58.1-3221","catch_line":"Partial exemption for certain rehabilitated, renovated or replacement commercial or industrial structures","order_by":null,"url":"\/58.1-3221\/"},{"id":67888,"section_number":"58.1-4030","catch_line":"Definitions","order_by":null,"url":"\/58.1-4030\/"}],"permalink":{"id":262567,"object_type":"law","relational_id":78862,"identifier":"59.1-542.1","token":"59.1\/49\/59.1-542.1","url":"\/59.1-542.1\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/59.1-542.1\/","token":"59.1\/49\/59.1-542.1","dublin_core":{"Title":"Local incentives; motor sports facilities","Type":"Text","Format":"text\/html","Identifier":"\u00a7 59.1-542.1","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A locality that is home to a motor sports facility, as defined in § 58.1-4030<\/a>, in the Commonwealth may propose local incentives that address the economic conditions within such locality and will help stimulate real property improvements and new job creation. Such local incentives may include: (i) reduction of permit fees; (ii) reduction of user fees; (iii) reduction of business, professional, and occupational license taxes; or (iv) partial exemption from taxation of substantially rehabilitated real estate pursuant to § 58.1-3221<\/a>. The extent and duration of such incentives shall conform to the requirements of the Constitutions of Virginia and the United States. Local incentives may also include regulatory flexibility, including (a) special zoning districts, (b) permit process reform, (c) exemptions from local ordinances<\/span>, or (d) other public incentives that are binding on the locality. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> A locality may establish eligibility criteria for local incentives that differ from the criteria required to qualify for the incentives provided by this chapter. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nLOCAL INCENTIVES; MOTOR SPORTS FACILITIES (\u00a7 59.1-542.1)\n\nA. A locality that is home to a motor sports facility, as defined in §\n58.1-4030, in the Commonwealth may propose local incentives that address the\neconomic conditions within such locality and will help stimulate real property\nimprovements and new job creation. Such local incentives may include: (i)\nreduction of permit fees; (ii) reduction of user fees; (iii) reduction of\nbusiness, professional, and occupational license taxes; or (iv) partial\nexemption from taxation of substantially rehabilitated real estate pursuant to\n§ 58.1-3221. The extent and duration of such incentives shall conform to\nthe requirements of the Constitutions of Virginia and the United States. Local\nincentives may also include regulatory flexibility, including (a) special zoning\ndistricts, (b) permit process reform, (c) exemptions from local ordinances, or\n(d) other public incentives that are binding on the locality.\n\nB. A locality may establish eligibility criteria for local incentives that\ndiffer from the criteria required to qualify for the incentives provided by this\nchapter.\n\nHISTORY: 2024, c. 572.","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}}