Code of Virginia - Title 58.1 Taxation - Section 58.1-1610 Alternative payment, collection and disposition of tax

§ 58.1-1610. Alternative payment, collection and disposition of tax

A. All taxes collected by the Department of Taxation pursuant to § 58.1-1605 shall be paid into the state treasury. The Comptroller shall credit such taxes as special revenues to the "Protection and Development of Forest Resources of the State Fund" of the Department of Forestry for expenditure solely for the protection and development of the forest resources of the Commonwealth, to be used for raising, planting, and propagating seedling trees, both hardwood and softwood, forest fire protection, forestry education of the public in the use of forest harvesting methods, and rendering forestry service to timber landowners of the Commonwealth. No portion of such special revenues shall revert to the general fund of the Commonwealth at the end of any fiscal year.

B. The costs of collecting the taxes levied hereby shall be paid out of the special fund created by this section to the Department.

(Code 1950, § 58-838.7:1; 1971, Ex. Sess., c. 179; 1978, c. 72; 1981, c. 372; 1984, cc. 675, 750; 1990, c. 196.)

Sections:  Previous  58.1-1603  58.1-1604  58.1-1605  58.1-1606  58.1-1607  58.1-1608  58.1-1609  58.1-1610  58.1-1611  58.1-1612  58.1-1613  58.1-1614  58.1-1615  58.1-1616  58.1-1617  Next

Last modified: April 16, 2009