The assets of the Plan and their income are exempt from state and local taxation.
Va. Code Ann. § 23.1-708
Assets of the Plan exempt from taxation
1994, c. 661, § 23-38.83; 2000, cc. 382, 400; 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.