A person who knowingly prepares or causes to be prepared a false claim, receipt, statement, or billing to avoid or evade taxes or penalties upon the withdrawal of money or funds from an account for which the account holder claims first-time home buyer savings account status is guilty of a Class 1 misdemeanor.\n2014, c. 729, § 55-559; 2019, c. 712.
Virginia Legal Code
§ 36.175
Source: https://law.lis.virginia.gov/vacode/36-175/· Version 2026