§ 58.1-642 Collection of tire recycling fee; deductions; exemptions
A. The tire recycling fee levied under this chapter shall be collected by the Tax 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:
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 and remitting the fee levied by this chapter, such retailer shall be allowed five percent of the amount of fee due and accounted for in the form of a deduction in submitting his return and paying the amount due by him if the amount due was not delinquent at the time of payment.
History
This law was first created in 1989. The record of its establishment is cataloged in chapter 630 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1989 “Acts” aren’t available online. It has been modified 1 time. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. That modification is as follows: in 2003, chapter 101.
1989, c. 630; 2003, c. 101.