2006 Code of Virginia § 58.1-1001 - (Effective until July 1, 2007) Tax levied; rate

58.1-1001. (Effective until July 1, 2007) Tax levied; rate.

In addition to all other taxes now imposed by law, every person within thisCommonwealth who sells, stores or receives cigarettes made of tobacco or anysubstitute thereof, for the purpose of distribution to any person within thisCommonwealth, shall pay to this Commonwealth an excise tax of one andone-quarter mills on each such cigarette sold, stored or received beforeAugust 1, 2004; an excise tax of one cent on each such cigarette sold, storedor received on and after August 1, 2004, through midnight on June 30, 2005;and an excise tax of 1.5 cents on each such cigarette sold, stored orreceived on and after July 1, 2005.

The revenues generated by the tax imposed under this section on and afterAugust 1, 2004, shall be collected by the Department and deposited into theVirginia Health Care Fund established under 32.1-366.

(Code 1950, 58-757.1; 1960, c. 392, 1; 1980, c. 633; 1984, c. 675; 2004,Sp. Sess. I, c. 3.)

58.1-1001. (Effective January 1, 2007) Tax levied; rate.

A. Except as provided in subsection B, in addition to all other taxes nowimposed by law, every person within this Commonwealth who sells, stores orreceives cigarettes made of tobacco or any substitute thereof, for thepurpose of distribution to any person within this Commonwealth, shall pay tothis Commonwealth an excise tax of one and one-quarter mills on each suchcigarette sold, stored or received before August 1, 2004; an excise tax ofone cent on each such cigarette sold, stored or received on and after August1, 2004, through midnight on June 30, 2005; and an excise tax of 1.5 cents oneach such cigarette sold, stored or received on and after July 1, 2005.

B. In addition to all other taxes now imposed by law, every person within theCommonwealth who sells, stores, or receives roll-your-own tobacco, for thepurpose of distribution within the Commonwealth, shall pay to theCommonwealth a cigarette excise tax at the rate of 10% of the manufacturer'ssales price of such roll-your-own tobacco.

C. The revenues generated by the taxes imposed under this section on andafter August 1, 2004, shall be collected by the Department and deposited intothe Virginia Health Care Fund established under 32.1-366.

(Code 1950, 58-757.1; 1960, c. 392, 1; 1980, c. 633; 1984, c. 675; 2004,Sp. Sess. I, c. 3; 2006, c. 768.)