                                 CODE OF VIRGINIA

TANGIBLE PERSONAL PROPERTY LEASED TO AGENCY OF FEDERAL, STATE OR LOCAL
GOVERNMENT (§ 58.1-3501)

The aggregate of all tangible personal property owned by any person, firm,
association, unincorporated company, or corporation which is leased by such
owner to any agency or political subdivision of the federal, state or local
governments shall be subject to local taxation.

HISTORY: Code 1950, § 58-831.1; 1960, c. 239; 1975, c. 504; 1984, c. 675.