2014 Virginia Code
Title 58.1 - Taxation
§ 58.1-1733. Disposition of proceeds
After the administrative costs for collecting the fees are recovered by the Department of Taxation, the remaining revenues shall be divided as follows:
1. Fifty percent shall be deposited into the state's general fund; and
2. Fifty percent shall be deposited into the Governor's Motion Picture Opportunity Fund established under ยง 2.2-2320. All revenues deposited to the Fund shall be used for film incentive programs established by the Virginia Film Office.
2009, c. 531.
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