2006 Code of Virginia § 58.1-2217 - Taxes levied; rate

58.1-2217. Taxes levied; rate.

A. There is hereby levied a tax at the rate of seventeen and one-half centsper gallon on gasoline and gasohol.

B. There is hereby levied a tax at the rate of sixteen cents per gallon ondiesel fuel.

C. Blended fuel that contains gasoline shall be taxed at the rate levied ongasoline. Blended fuel that contains diesel fuel shall be taxed at the ratelevied on diesel fuel.

D. There is hereby levied a tax at the rate of five cents per gallon onaviation gasoline. Any person, whether or not licensed under this chapter,who uses, acquires for use, sells or delivers for use in highway vehicles anyaviation gasoline shall be liable for the tax at the rate of seventeen andone-half cents per gallon, along with any penalties and interest that mayaccrue.

E. There is hereby levied a tax at the rate of five cents per gallon onaviation jet fuel purchased or acquired for use by a user of aviation fuelother than an aviation consumer. There is hereby levied a tax at the rate offive cents per gallon upon the first 100,000 gallons of aviation jet fuel,excluding bonded aviation jet fuel, purchased or acquired for use by anyaviation consumer in any fiscal year. There is hereby levied a tax at therate of one-half cent per gallon on all aviation jet fuel, excluding bondedaviation jet fuel, purchased or acquired for use by an aviation consumer inexcess of 100,000 gallons in any fiscal year. Any person, whether or notlicensed under this chapter, who uses, acquires for use, sells or deliversfor use in highway vehicles any aviation jet fuel taxable under this chaptershall be liable for the tax imposed at the rate of sixteen cents per gallon,along with any penalties and interest that may accrue.

F. In accordance with 62.1-44.34:13, a storage tank fee is imposed on eachgallon of gasoline, aviation gasoline, diesel fuel (including dyed dieselfuel), blended fuel, and heating oil sold and delivered or used in theCommonwealth.

(2000, cc. 729, 758.)