2006 Code of Virginia § 58.1-642 - Collection of tire recycling fee; deductions; exemptions

58.1-642. Collection of tire recycling fee; deductions; exemptions.

A. The tire recycling fee levied under this chapter shall be collected by theTax Commissioner in the same manner as is the retail sales and use tax,pursuant to Chapter 6 ( 58.1-600 et seq.) of this title.

B. The fee imposed under 58.1-641 shall not apply to new tires for:

1. Any device moved exclusively by human power;

2. Any device used exclusively upon stationary rails or tracks; or

3. Any device used exclusively for farming purposes, except a farm truck.

C. For the purpose of compensating a retailer of tires for accounting for andremitting the fee levied by this chapter, such retailer shall be allowed fivepercent of the amount of fee due and accounted for in the form of a deductionin submitting his return and paying the amount due by him if the amount duewas not delinquent at the time of payment.

(1989, c. 630; 2003, c. 101.)