                                 CODE OF VIRGINIA

CREATION OF ARTS AND CULTURAL DISTRICTS (§ 15.2-943.1)

A. Any locality, or combination of localities, may by ordinance, or in the case
of multiple localities by substantially similar ordinances, establish within the
boundaries of such localities one or more arts and cultural districts for the
purpose of increasing awareness and support for the arts and culture in the
locality. The locality may provide incentives for the support and creation of
arts and cultural venues in each district. The locality may also grant tax
incentives and provide certain regulatory flexibility in each arts and cultural
district.

B. The tax incentives for each district may be provided for up to 10 years and
may include, but not be limited to, (i) reduction of permit fees, (ii) reduction
of user fees, (iii) reduction of any type of gross receipts tax, and (iv) rebate
of real estate property taxes. The extent and duration of such incentive
proposals shall conform to the requirements of the Constitutions of Virginia and
of the United States.

C. Each locality may also provide for regulatory flexibility in each district
that may include, but not be limited to, (i) special zoning for the district,
(ii) permit process reform, (iii) exemption from ordinances, and (iv) any other
incentive adopted by ordinance, which shall be binding upon the locality for a
period of up to 10 years.

HISTORY: 2018, c. 396.