§ 58.1-3245.12. Local enterprise zone program for technology zones
The governing body of any county, city, or town may also adopt a local enterprise zone development taxation program for a technology zone, as described in § 58.1-3850, located within its boundaries, regardless of whether such technology zone has been designated by the Governor as an enterprise zone pursuant to Chapter 49 (§ 59.1-538 et seq.) of Title 59.1. Such program for a technology zone shall be adopted by local ordinance. All other provisions in this article as they relate to a local enterprise zone development taxation program for enterprise zones shall apply to such program for technology zones.
(2002, c. 449; 2005, cc. 863, 884.)
Sections: Previous 58.1-3245.5 58.1-3245.6 58.1-3245.7 58.1-3245.8 58.1-3245.9 58.1-3245.10 58.1-3245.11 58.1-3245.12 58.1-3250 58.1-3251 58.1-3252 58.1-3253 58.1-3254 58.1-3255 58.1-3256 NextLast modified: April 16, 2009