{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-2902.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-2902.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-2902.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-2902.html"}],"law_id":74081,"edition_id":1,"section_id":74081,"structure_id":15681,"section_number":"58.1-2902","catch_line":"Electric utility consumption tax relating to the special regulatory tax; when not assessed or assessed only in part","history":"1999, c. 971; 2001, c. 748.","full_text":"A\n\nThe Commission may in the performance of its function and duty in levying the electric utility consumption tax relating to the special regulatory tax, omit the levy on any portion of the tax fixed in § 58.1-2900 as is unnecessary within the Commission’s sole discretion for the accomplishment of the objects for which the tax is imposed, including a reasonable margin in the nature of a reserve fund.B\n\nThe Commission shall notify each provider of billing services, as defined in subsection E of § 58.1-2901, collecting the tax on consumers of electricity of any change in the electric utility consumption tax relating to the special regulatory tax not later than the first day of the second month preceding the month in which the revised rate is to take effect.","order_by":null,"text":{"0":{"id":266434,"text":"The Commission may in the performance of its function and duty in levying the electric utility consumption tax relating to the special regulatory tax, omit the levy on any portion of the tax fixed in § 58.1-2900 as is unnecessary within the Commission’s sole discretion for the accomplishment of the objects for which the tax is imposed, including a reasonable margin in the nature of a reserve fund.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":266435,"text":"The Commission shall notify each provider of billing services, as defined in subsection E of § 58.1-2901, collecting the tax on consumers of electricity of any change in the electric utility consumption tax relating to the special regulatory tax not later than the first day of the second month preceding the month in which the revised rate is to take effect.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":15681,"edition_id":1,"name":"Electric Utility Consumption Tax","identifier":"29","label":"chapter","depth":3,"order_by":1,"parent_id":12730,"metadata":{},"date_created":"2026-06-26 03:57:49","date_modified":"2026-06-26 03:57:49","permalink":{"id":256423,"object_type":"structure","relational_id":15681,"identifier":"29","token":"58.1\/II\/29","url":"\/58.1\/II\/29\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12730,"edition_id":1,"name":"Taxes Administered by Other Agencies","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12703,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":255261,"object_type":"structure","relational_id":12730,"identifier":"II","token":"58.1\/II","url":"\/58.1\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12703,"edition_id":1,"name":"Taxation","identifier":"58.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":251959,"object_type":"structure","relational_id":12703,"identifier":"58.1","token":"58.1","url":"\/58.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":85671,"structure_id":15681,"section_number":"58.1-2900","catch_line":"Imposition of tax","url":"\/58.1-2900\/","token":"58.1\/II\/29\/58.1-2900","metadata":false},{"id":73128,"structure_id":15681,"section_number":"58.1-2901","catch_line":"Collection and remittance of tax","url":"\/58.1-2901\/","token":"58.1\/II\/29\/58.1-2901","metadata":false},{"id":74081,"structure_id":15681,"section_number":"58.1-2902","catch_line":"Electric utility consumption tax relating to the special regulatory tax; when not assessed or assessed only in part","url":"\/58.1-2902\/","token":"58.1\/II\/29\/58.1-2902","metadata":false},{"id":60028,"structure_id":15681,"section_number":"58.1-2903","catch_line":"Use of electric utility consumption tax relating to special regulatory tax","url":"\/58.1-2903\/","token":"58.1\/II\/29\/58.1-2903","metadata":false}],"previous_section":{"id":73128,"structure_id":15681,"section_number":"58.1-2901","catch_line":"Collection and remittance of tax","url":"\/58.1-2901\/","token":"58.1\/II\/29\/58.1-2901","metadata":false},"next_section":{"id":60028,"structure_id":15681,"section_number":"58.1-2903","catch_line":"Use of electric utility consumption tax relating to special regulatory tax","url":"\/58.1-2903\/","token":"58.1\/II\/29\/58.1-2903","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-2902\/","history_text":"

This law was first created in 1999. The record of its establishment is cataloged in chapter 971<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2001, chapter 748<\/a>.<\/p>","references":[{"id":85671,"section_number":"58.1-2900","catch_line":"Imposition of tax","order_by":null,"url":"\/58.1-2900\/"}],"refers_to":[{"id":85671,"section_number":"58.1-2900","catch_line":"Imposition of tax","order_by":null,"url":"\/58.1-2900\/"},{"id":73128,"section_number":"58.1-2901","catch_line":"Collection and remittance of tax","order_by":null,"url":"\/58.1-2901\/"}],"permalink":{"id":256433,"object_type":"law","relational_id":74081,"identifier":"58.1-2902","token":"58.1\/II\/29\/58.1-2902","url":"\/58.1-2902\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-2902\/","token":"58.1\/II\/29\/58.1-2902","dublin_core":{"Title":"Electric utility consumption tax relating to the special regulatory tax; when not assessed or assessed only in part","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-2902","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The Commission may in the performance of its function and duty in levying the electric utility consumption tax relating to the special regulatory tax, omit the levy<\/span> on any portion of the tax fixed in § 58.1-2900<\/a> as is unnecessary within the Commission’s sole discretion for the accomplishment of the objects<\/span> for which the tax is imposed, including a reasonable margin in the nature of a reserve fund. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The Commission shall notify each provider of billing services, as defined in subsection E of § 58.1-2901<\/a>, collecting the tax on consumers of electricity of any change in the electric utility consumption tax relating to the special regulatory tax not later than the first day of the second month preceding the month in which the revised rate is to take effect. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nELECTRIC UTILITY CONSUMPTION TAX RELATING TO THE SPECIAL REGULATORY TAX; WHEN\nNOT ASSESSED OR ASSESSED ONLY IN PART (\u00a7 58.1-2902)\n\nA. The Commission may in the performance of its function and duty in levying the\nelectric utility consumption tax relating to the special regulatory tax, omit\nthe levy on any portion of the tax fixed in § 58.1-2900 as is unnecessary\nwithin the Commission’s sole discretion for the accomplishment of the\nobjects for which the tax is imposed, including a reasonable margin in the\nnature of a reserve fund.\n\nB. The Commission shall notify each provider of billing services, as defined in\nsubsection E of § 58.1-2901, collecting the tax on consumers of electricity\nof any change in the electric utility consumption tax relating to the special\nregulatory tax not later than the first day of the second month preceding the\nmonth in which the revised rate is to take effect.\n\nHISTORY: 1999, c. 971; 2001, c. 748.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}