2014 Virginia Code
Title 15.2 - Counties, Cities and Towns
§ 15.2-5915. Tax revenues of the Commonwealth or any other political subdivision not pledged
Nothing in this chapter shall be construed as authorizing the pledging of the faith and credit of the Commonwealth, or any of its revenues, or the faith and credit of any other political subdivision of the Commonwealth, or any of its revenues, for the payment of any bonds. Any appropriation made pursuant to this chapter shall be made only from sales tax revenues generated from transactions taking place upon the premises of the stadium for which bonds may have been issued to pay the cost, in whole or in part.
1996, c. 1021, ยง 15.1-1703; 1997, c. 587.
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