                                 CODE OF VIRGINIA

EXEMPTION FROM TAXATION (§ 2.2-2742)

The Corporation shall be performing an essential governmental function in the
exercise of the powers conferred upon it by this article. Accordingly, the
Corporation shall not be required to pay any taxes or assessments upon any
project or any property or upon any operations of the Corporation or the income
therefrom. Agents, lessees, sublessees, or users of tangible personal property
owned by or leased to the Corporation also shall not be required to pay any
sales or use tax upon such property or the revenue derived therefrom.

HISTORY: 2016, c. 749.