{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/15.2-5005.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/15.2-5005.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/15.2-5005.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/15.2-5005.html"}],"law_id":348541,"edition_id":2,"section_id":348541,"structure_id":49986,"section_number":"15.2-5005","catch_line":"Changes by the federal government","history":"1987, c. 306, \u00a7 15.1-1399.17; 1990, c. 299; 1997, c. 587.","full_text":"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.\n\n","order_by":null,"text":{"0":{"id":1299533,"text":"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.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":49986,"edition_id":2,"name":"Private Activity Bonds","identifier":"50","label":"chapter","depth":3,"order_by":8,"parent_id":49964,"metadata":{"child_laws":6,"child_structures":0},"date_created":"2026-08-02 02:19:26","date_modified":"2026-08-02 12:29:51","permalink":{"id":1385431,"object_type":"structure","relational_id":49986,"identifier":"50","token":"15.2\/IV\/50","url":"\/15.2\/IV\/50\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49964,"edition_id":2,"name":"Other Governmental Entities","identifier":"IV","label":"subtitle","depth":2,"order_by":4,"parent_id":49831,"metadata":{"child_laws":721,"child_structures":68},"date_created":"2026-08-02 02:19:12","date_modified":"2026-08-02 12:29:48","permalink":{"id":1384899,"object_type":"structure","relational_id":49964,"identifier":"IV","token":"15.2\/IV","url":"\/15.2\/IV\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49831,"edition_id":2,"name":"Counties, Cities and Towns","identifier":"15.2","label":"title","depth":1,"order_by":46,"parent_id":null,"metadata":{"child_laws":2297,"child_structures":225},"date_created":"2026-08-02 02:16:22","date_modified":"2026-08-02 12:29:22","permalink":{"id":1378281,"object_type":"structure","relational_id":49831,"identifier":"15.2","token":"15.2","url":"\/15.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":348536,"structure_id":49986,"section_number":"15.2-5000","catch_line":"Definitions","url":"\/15.2-5000\/","token":"15.2\/IV\/50\/15.2-5000","metadata":false},{"id":348537,"structure_id":49986,"section_number":"15.2-5001","catch_line":"Purpose of chapter","url":"\/15.2-5001\/","token":"15.2\/IV\/50\/15.2-5001","metadata":false},{"id":348538,"structure_id":49986,"section_number":"15.2-5002","catch_line":"Allocation of state ceiling for 2008 and beyond","url":"\/15.2-5002\/","token":"15.2\/IV\/50\/15.2-5002","metadata":false},{"id":348539,"structure_id":49986,"section_number":"15.2-5003","catch_line":"Administration","url":"\/15.2-5003\/","token":"15.2\/IV\/50\/15.2-5003","metadata":false},{"id":348540,"structure_id":49986,"section_number":"15.2-5004","catch_line":"Reallocation of bond authority","url":"\/15.2-5004\/","token":"15.2\/IV\/50\/15.2-5004","metadata":false},{"id":348541,"structure_id":49986,"section_number":"15.2-5005","catch_line":"Changes by the federal government","url":"\/15.2-5005\/","token":"15.2\/IV\/50\/15.2-5005","metadata":false}],"previous_section":{"id":348540,"structure_id":49986,"section_number":"15.2-5004","catch_line":"Reallocation of bond authority","url":"\/15.2-5004\/","token":"15.2\/IV\/50\/15.2-5004","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5005\/","history_text":"

This law was first created in 1987. The record of its establishment is cataloged in chapter 306 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1987 \u201cActs\u201d aren\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1990, chapter 299; in 1997, chapter 587<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1385453,"object_type":"law","relational_id":348541,"identifier":"15.2-5005","token":"15.2\/IV\/50\/15.2-5005","url":"\/15.2-5005\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/15.2-5005\/","token":"15.2\/IV\/50\/15.2-5005","dublin_core":{"Title":"Changes by the federal government","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5005","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

If federal laws<\/span> or regulations controlling private activity bonds<\/span> are revised so that the provisions of this chapter are affected or the tax exempt status of certain private activity bonds<\/span> expires or is extended, the Governor may establish measures through executive order<\/span> to allocate Virginia’s total bond<\/span> issuing authority<\/span> in accordance with the limitations and restrictions contained in the revised federal law<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCHANGES BY THE FEDERAL GOVERNMENT (\u00a7 15.2-5005)\n\nIf federal laws or regulations controlling private activity bonds are revised so\nthat the provisions of this chapter are affected or the tax exempt status of\ncertain private activity bonds expires or is extended, the Governor may\nestablish measures through executive order to allocate Virginia’s total\nbond issuing authority in accordance with the limitations and restrictions\ncontained in the revised federal law.\n\nHISTORY: 1987, c. 306, \u00a7 15.1-1399.17; 1990, c. 299; 1997, c. 587.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}