§ 58.1-2661. Exceptions
The amount of the regulatory revenue tax levied pursuant to § 58.1-2660 on railroads shall not exceed an estimate of the expenses to be incurred by the Commission and the Department reasonably attributable to the regulation and assessment for taxation of railroads, including a reasonable margin in the nature of a reserve fund.
(Code 1950, § 58-664; 1970, c. 773; 1979, c. 443; 1980, c. 282; 1982, c. 62; 1983, c. 547; 1984, c. 675.)
Sections: Previous 58.1-2655 58.1-2656 58.1-2657 58.1-2658 58.1-2658.1 58.1-2659 58.1-2660 58.1-2661 58.1-2662 58.1-2662.1 58.1-2662.2 58.1-2663 58.1-2664 58.1-2665 58.1-2670 NextLast modified: April 16, 2009