2006 Code of Virginia § 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 58.1-1605shall be paid into the state treasury. The Comptroller shall credit suchtaxes as special revenues to the "Protection and Development of ForestResources of the State Fund" of the Department of Forestry for expendituresolely for the protection and development of the forest resources of theCommonwealth, to be used for raising, planting, and propagating seedlingtrees, both hardwood and softwood, forest fire protection, forestry educationof the public in the use of forest harvesting methods, and rendering forestryservice to timber landowners of the Commonwealth. No portion of such specialrevenues shall revert to the general fund of the Commonwealth at the end ofany fiscal year.

B. The costs of collecting the taxes levied hereby shall be paid out of thespecial 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.)