                                 CODE OF VIRGINIA

CHANGES BY THE FEDERAL GOVERNMENT (§ 15.2-5005)

If federal laws or regulations controlling private activity bonds are revised so
that the provisions of this chapter are affected or the tax exempt status of
certain private activity bonds expires or is extended, the Governor may
establish measures through executive order to allocate Virginia&#8217;s total
bond issuing authority in accordance with the limitations and restrictions
contained in the revised federal law.

HISTORY: 1987, c. 306, § 15.1-1399.17; 1990, c. 299; 1997, c. 587.