The exercise of the powers granted by this chapter will be in all respects for the benefit of the people of the Commonwealth, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions, and as the operation and maintenance of airport projects by the Board will constitute the performance of essential governmental functions. The Board shall not be required to pay any taxes or assessments upon any airport project or any property acquired or used by the Board under the provisions of this chapter or upon the income therefrom, and any bonds issued under the provisions of this chapter, their transfer and the income therefrom, including any profit made on the sale thereof, shall at all times be free from taxation within the Commonwealth; provided that the exemption hereby granted shall not be construed to extend to persons conducting on the premises of an airport businesses for which local or state taxes would otherwise be required. When the bonds or other obligations of the Board issued in connection with the acquisition, construction or improvement of an airport or air navigation facility have been paid, or at an earlier date if the Board deems it financially feasible, the Board shall enter into negotiations with the governing body of the political subdivision in which such airport or facility is located and may agree with such governing body on sums to be paid to the county or city in lieu of taxes. In case of disagreement as to the value of the property, an appeal shall lie to the circuit court of the jurisdiction in which the airport or facility is located which court shall determine the value of such property and the ratio of assessed to true values of property in such political subdivision.
1980, c. 750.
Structure Code of Virginia
Chapter 1 - Aircraft, Airmen and Airports Generally
§ 5.1-1. (Effective until July 1, 2025) Definitions
§ 5.1-1. (Effective July 1, 2025) Definitions
§ 5.1-1.1. Creation of Department of Aviation
§ 5.1-1.2. Appointment of Director; term; vacancies
§ 5.1-1.3. Oath and bond of Director; salary
§ 5.1-1.4. Enforcement of laws, rules and regulations
§ 5.1-1.5. General powers of Department
§ 5.1-1.7. Suits to enjoin violations of title
§ 5.1-2.2. Powers and duties of Board
§ 5.1-2.2:1. Further powers and duties of the Board
§ 5.1-2.2:2. Commercial air service plan
§ 5.1-2.2:3. Transparency and accountability in the use of Commonwealth Aviation Fund revenues
§ 5.1-2.2:4. Transparency and accountability for use of Department and Board funds
§ 5.1-2.3. Meetings of Board; quorum
§ 5.1-2.5. Eminent domain; right of entry
§ 5.1-2.6. Disposal of airport, air navigation facility or other property
§ 5.1-2.7. Revenue bonds generally
§ 5.1-2.8. Trust agreement securing bonds
§ 5.1-2.10. Moneys received deemed trust funds
§ 5.1-2.11. Proceedings by bondholder or trustee to enforce rights
§ 5.1-2.12. Bonds made securities for investment and deposit
§ 5.1-2.13. Revenue refunding bonds; bonds for refunding and for cost of additional projects
§ 5.1-2.14. Contracts, leases, and other arrangements
§ 5.1-2.15. Resolutions, rules and regulations, etc.
§ 5.1-2.16. Grants or loans of public or private funds
§ 5.1-2.17. Exemptions from taxes or assessments; payments to county or city in lieu of taxes
§ 5.1-2.18. Joint agency or authority; agreements authorized; terms
§ 5.1-2.19. Same; governing body; officers and agents; powers generally
§ 5.1-2.20. Same; eminent domain
§ 5.1-2.21. Same; disposal of airport or facility
§ 5.1-2.22. Acquisition of airport previously operated by United States
§ 5.1-2.23. Board as successor to Virginia Airports Authority
§ 5.1-2.24. Applicability of certain sections
§ 5.1-4. Aircraft for use of Department; construction, etc., of aviation facilities by Department
§ 5.1-5. Registration of aircraft
§ 5.1-7. Licensing of airports and landing areas
§ 5.1-7.2. Registration of private landing areas not within five miles of commercial airport
§ 5.1-7.3. Duty of care and liability for damages of owners of private landing areas
§ 5.1-9.2. Contract carriers; permit and registration required
§ 5.1-9.3. Same; application for permit; fee; action of Department
§ 5.1-9.6. Same; duration and custody of bonds, etc.
§ 5.1-9.7. Same; condition of bond, etc.
§ 5.1-9.8. Same; effect of failure to give or maintain adequate security
§ 5.1-9.9. Same; duration of permits; suspension or revocation; penalty
§ 5.1-11. Government-owned aircraft
§ 5.1-12. Federally certificated airlines and interstate service
§ 5.1-14. Operation of unregistered aircraft
§ 5.1-15. Operation of aircraft by unlicensed persons
§ 5.1-16.1. Misuse of licensed airports
§ 5.1-17. Use of aircraft for hunting
§ 5.1-21. Powers of conservator of the peace conferred upon pilot
§ 5.1-21.1. Powers of conservators of the peace conferred upon airport managers or designees
§ 5.1-22. Interference with operation of aircraft; penalties; venue
§ 5.1-23. Jurisdiction of local and State Police
§ 5.1-25. Operation of aircraft by nonresident
§ 5.1-25.1. Permit required for erection of certain structures
§ 5.1-25.2. Application for permit; notice and hearing
§ 5.1-25.3. When permit issued or denied; conditions to issuance