                                 CODE OF VIRGINIA

EXEMPTION FROM TAXATION (§ 23.1-1234)

Neither the Authority nor its agent are required to pay any taxes or assessments
upon or with respect to a project, any property acquired or used by the
Authority or its agent under the provisions of this article, or the income from
any such project or property. Any bonds issued under the provisions of this
article, the transfer of such bonds, and the income from such bonds, including
any profit made on the sale of such bonds, are exempt from taxation of any kind
by the Commonwealth and the localities and other political subdivisions of the
Commonwealth.

HISTORY: 1972, c. 686, § 23-30.53; 2016, c. 588.