§ 3.2-1905. (Effective October 1, 2008) Levy of excise tax.
An excise tax of 15 cents ($0.15) per 100 pounds is levied on all peanuts grown in and sold in the Commonwealth for processing. Peanuts sold for seed shall not be subject to the tax, nor shall any peanuts be subject to the tax after the tax has been paid once.
(Code 1950, § 3-525.11; 1964, c. 609; 1966, c. 702, § 3.1-657; 1973, c. 200; 1983, c. 177; 1995, c. 160; 2008, c. 860.)
Sections: Previous 3.2-1900 3.2-1901 3.2-1902 3.2-1903 3.2-1904 3.2-1905 3.2-1906 3.2-1907 3.2-1908 3.2-1909 3.2-1910 NextLast modified: April 16, 2009