Va. Code § 15.2-5132

Current with changes from the 2024 legislative session through ch. 845

Section 15.2-5132 - Exemption from taxation

No authority shall be required to pay any taxes or assessments upon any system acquired or constructed by it under the provisions of this chapter or upon the income therefrom. The bonds issued under the provisions of this chapter, their transfer and the income therefor, including any profit made on their sale, shall be free from taxation within the Commonwealth.

Code 1950, § 15-764.20; 1950, p. 1323; 1962, c. 623, § 15.1-1258; 1997, cc. 527, 573, 587; 2009, c. 473.

Amended by Acts 2009, c. 473.

Amended by Acts 1997, § cc. 527, 573, 587.

Amended by Acts 1962, c. 623, § 15.1-1258.

Amended by Acts 1950, § p. 1323.