§ 3.1-1044. (Repealed effective October 1, 2008) Handler to deduct assessment from payment to farmer; report an...
For the purpose of carrying out the provisions of this chapter, the processor, dealer, shipper, country buyer, exporter or any other business entity, hereinafter referred to as "the handler," of corn who purchases from the farmer shall deduct from payments made to the farmer for corn the amount of the assessment levied thereon and shall remit such assessment to the Virginia Tax Commissioner in the manner and at the time hereinafter provided.
"Handler" also means any person, public or private corporation, the Federal Commodity Credit Corporation, or any association or partnership buying, accepting for shipment, or otherwise acquiring property in corn from a producer, and shall include a mortgagee, pledgee, lienor, or other person, public or private, having a claim against the producer, when the actual or constructive possession of such corn is taken as part payment or in satisfaction of such mortgage, pledge, lien, or claim. A farmer that transports and sells his corn out of the Commonwealth is considered the handler. A report to the Virginia Tax Commissioner shall be on forms prescribed and furnished by the Virginia Tax Commissioner, and shall be a statement of the gross volume of corn which has been handled by the handler and shall be filed with the Virginia Tax Commissioner covering corn handled during the preceding period, as set forth by the Virginia Tax Commissioner. The Virginia Tax Commissioner shall set forth the filing date or dates for reports and assessments and the period or periods to be covered after consultation with the Association and Board. The assessment levied on corn shall be due and payable by the handler on the same day as the report is due. Such assessment shall be paid to the Virginia Tax Commissioner and be promptly paid into the state treasury to the credit of the Virginia Corn Fund.
(1980, c. 395; 1987, c. 476.)
Sections: Previous 3.1-1035 3.1-1036 3.1-1037 3.1-1038 3.1-1039 3.1-1040 3.1-1041 3.1-1042 3.1-1043 3.1-1044 3.1-1045 3.1-1046 3.1-1047 3.1-1048 3.1-1049 NextLast modified: April 2, 2009