The bonds issued by the Authority 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, is exempt from taxation by the Commonwealth and any locality or political subdivision of the Commonwealth.
Va. Code Ann. § 23.1-1214
Exemption of bonds from taxation
1964, c. 607, § 23-30.33; 1966, c. 685; 2016, c. 588.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.