{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/58.1-318.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/58.1-318.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/58.1-318.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/58.1-318.html"}],"law_id":371568,"edition_id":2,"section_id":371568,"structure_id":52889,"section_number":"58.1-318","catch_line":"Investments eligible for tax credits","history":"2013, c. 289.","full_text":"A\n\nFor purposes of this section, “funding portal” means a website that (i) allows accredited investors to participate in general solicitation transactions by an issuer that meet the requirements of § 4(a)(6) of the Securities Act of 1933, P.L. 112-106, or (ii) is an online broker or funding portal registered with the federal Securities Exchange Commission pursuant to § 4A(a) of the Securities Act of 1993, P.L. 112-106.\n\nB\n\nAny investment made by a taxpayer that is transacted via an online general solicitation, an online broker, or a funding portal shall be eligible for any tax credit authorized pursuant to this chapter, so long as the investment itself meets the criteria set forth in the statute specifically authorizing the credit.\n\n","order_by":null,"text":{"0":{"id":1385573,"text":"For purposes of this section, “funding portal” means a website that (i) allows accredited investors to participate in general solicitation transactions by an issuer that meet the requirements of § 4(a)(6) of the Securities Act of 1933, P.L. 112-106, or (ii) is an online broker or funding portal registered with the federal Securities Exchange Commission pursuant to § 4A(a) of the Securities Act of 1993, P.L. 112-106.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1385574,"text":"Any investment made by a taxpayer that is transacted via an online general solicitation, an online broker, or a funding portal shall be eligible for any tax credit authorized pursuant to this chapter, so long as the investment itself meets the criteria set forth in the statute specifically authorizing the credit.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":52889,"edition_id":2,"name":"General Provisions","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":52888,"metadata":{"child_laws":22,"child_structures":0},"date_created":"2026-08-02 03:07:22","date_modified":"2026-08-02 12:35:50","permalink":{"id":1480271,"object_type":"structure","relational_id":52889,"identifier":"1","token":"58.1\/I\/3\/1","url":"\/58.1\/I\/3\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52888,"edition_id":2,"name":"Income Tax","identifier":"3","label":"chapter","depth":3,"order_by":3,"parent_id":52818,"metadata":{"child_laws":307,"child_structures":23},"date_created":"2026-08-02 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report","url":"\/58.1-319\/","token":"58.1\/I\/3\/1\/58.1-319","metadata":false}],"previous_section":{"id":371558,"structure_id":52889,"section_number":"58.1-317","catch_line":"Filing of estimated tax by nonresidents upon the sale of real property; penalties","url":"\/58.1-317\/","token":"58.1\/I\/3\/1\/58.1-317","metadata":false},"next_section":{"id":371569,"structure_id":52889,"section_number":"58.1-319","catch_line":"Unclaimed tax credits; report","url":"\/58.1-319\/","token":"58.1\/I\/3\/1\/58.1-319","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-318\/","history_text":"

This law was first created in 2013. The record of its establishment is cataloged in chapter 289<\/a> 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.<\/p>","references":false,"refers_to":false,"permalink":{"id":1480353,"object_type":"law","relational_id":371568,"identifier":"58.1-318","token":"58.1\/I\/3\/1\/58.1-318","url":"\/58.1-318\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/58.1-318\/","token":"58.1\/I\/3\/1\/58.1-318","dublin_core":{"Title":"Investments eligible for tax credits","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-318","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> For purposes of this section, “funding portal<\/span>” means a website that (i) allows accredited investors to participate in general solicitation transactions by an issuer that meet the requirements of § 4(a)(6) of the Securities Act of 1933, P.L. 112-106, or (ii) is an online broker or funding portal<\/span> registered with the federal Securities Exchange Commission pursuant to § 4A(a) of the Securities Act of 1993, P.L. 112-106. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Any investment made by a taxpayer<\/span> that is transacted via an online general solicitation, an online broker, or a funding portal<\/span> shall be eligible for any tax credit authorized pursuant to this chapter, so long as the investment itself meets the criteria set forth in the statute<\/span> specifically authorizing the credit. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nINVESTMENTS ELIGIBLE FOR TAX CREDITS (\u00a7 58.1-318)\n\nA. For purposes of this section, “funding portal” means a website\nthat (i) allows accredited investors to participate in general solicitation\ntransactions by an issuer that meet the requirements of § 4(a)(6) of the\nSecurities Act of 1933, P.L. 112-106, or (ii) is an online broker or funding\nportal registered with the federal Securities Exchange Commission pursuant to\n§ 4A(a) of the Securities Act of 1993, P.L. 112-106.\n\nB. Any investment made by a taxpayer that is transacted via an online general\nsolicitation, an online broker, or a funding portal shall be eligible for any\ntax credit authorized pursuant to this chapter, so long as the investment itself\nmeets the criteria set forth in the statute specifically authorizing the credit.\n\nHISTORY: 2013, c. 289.","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"}}