The aggregate of all tangible personal property owned by any person, firm, association, unincorporated company, or corporation which is leased by such owner to any agency or political subdivision of the federal, state or local governments shall be subject to local taxation.
Va. Code Ann. § 58.1-3501
Tangible personal property leased to agency of federal, state or local government
Code 1950, § 58-831.1; 1960, c. 239; 1975, c. 504; 1984, c. 675.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.