Code of Virginia - Title 15.2 Counties, Cities And Towns - Section 15.2-5005 Changes by the federal government

§ 15.2-5005. Changes by the federal government

If federal laws or regulations controlling private activity bonds are revised so that the provisions of this chapter are affected or the tax exempt status of certain private activity bonds expires or is extended, the Governor may establish measures through executive order to allocate Virginia's total bond issuing authority in accordance with the limitations and restrictions contained in the revised federal law.

(1987, c. 306, § 15.1-1399.17; 1990, c. 299; 1997, c. 587.)

Sections:  Previous  15.2-5000  15.2-5001  15.2-5002  15.2-5003  15.2-5004  15.2-5005

Last modified: April 2, 2009