§ 58.1-815.4. (Contingent expiration - see Editor's notes) Distribution of recordation tax for certain transport...
Effective July 1, 2008, of the state recordation taxes imposed pursuant to §§ 58.1-801 and 58.1-803, the revenues collected each fiscal year from $0.03 of the total tax imposed under each section shall be deposited by the Comptroller as follows:
1. The revenues collected from $0.02 of the total tax shall be deposited into the Commonwealth Mass Transit Fund pursuant to subdivision A 4 e of § 58.1-638; and
2. The revenues collected from $0.01 of the total tax shall be deposited into the Highway Maintenance and Operating Fund.
(2007, c. 896.)
Sections: Previous 58.1-808 58.1-809 58.1-810 58.1-811 58.1-812 58.1-813 58.1-814 58.1-815 58.1-815.1 58.1-815.2 58.1-815.3 58.1-815.4 58.1-816 58.1-816.1 58.1-817 NextLast modified: April 16, 2009