2014 Virginia Code
Title 58.1 - Taxation
§ 58.1-2299.20. (Contingent effective date -- see note) Disposition of tax revenues

A. All taxes, interest, and civil penalties paid to the Commissioner
pursuant to this chapter for the sale of fuels at wholesale to retail dealers
for retail sale in any county or city set forth in subdivision A 1 of §
58.1-2295, after subtraction of the direct costs of administration by the
Department, shall be deposited in a special fund entitled the "Special Fund
Account of the Transportation District of ......." The amounts deposited in
the special fund shall be distributed monthly to the applicable transportation
district commission of which the county or city is a member to be applied to
the operating deficit, capital, and debt service of the mass transit system of
such district or, in the case of a transportation district subject to the
provisions of subsection C of § 15.2-4515, to be applied to and expended for
any transportation purpose of such district. In the case of a jurisdiction
which, after July 1, 1989, joins a transportation district which was
established on or before January 1, 1986, and is also subject to subsection C
of § 15.2-4515, the funds collected from that jurisdiction shall be applied to
and expended for any transportation purpose of such jurisdiction. The direct
costs of administration shall be credited to the funds appropriated to the
Department.

B. All taxes, interest, and civil penalties paid to the Commissioner pursuant to this chapter for the sale of fuels at wholesale to retail dealers for retail sale in any county or city set forth in subdivision A 2 of § 58.1-2295, after subtraction of the direct costs of administration by the Department, shall be deposited into special funds established by law. In the case of Planning District 23, the revenue generated and collected therein shall be deposited into the fund established in § 33.1-23.5:4. For additional Planning Districts that may become subject to this section, funds shall be established by appropriate legislation. The direct cost of administration shall be credited to the funds appropriated to the Department.

2012, cc. 217, 225; 2013, c. 766.