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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>59145</law_id><section_number>58.1-2654.1</section_number><catch_line>Penalty for failure to properly file annual reports</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="58.1">Taxation</unit><unit label="subtitle" level="2" order_by="1" identifier="II">Taxes Administered by Other Agencies</unit><unit label="chapter" level="3" order_by="1" identifier="26">Taxation of Public Service Corporations</unit><unit label="article" level="4" order_by="1" identifier="5">Rolling Stock Tax on Railroads, Freight Car Companies and Motor Vehicle Carriers and Property Valuation of Railroads</unit></structure><text>
						<section><p>Every motor vehicle carrier failing to comply with &#xA7;&#xA0;<a class="law" title="Annual report of motor vehicle carriers" href="/58.1-2654/">58.1-2654</a> shall be subject to the imposition of a monetary <span class="dictionary">penalty</span> by the Commission as provided in &#xA7;&#xA0;<a class="law" title="Penalty for failure to file timely report" href="/58.1-2610/">58.1-2610</a>.
		In addition to imposing such monetary <span class="dictionary">penalty</span>, or without imposing such monetary <span class="dictionary">penalty</span>, the Commission may, in any such case, after notice and <span class="dictionary">hearing</span>, suspend or revoke any certificate, warrant, exemption card, registration card, stamp, classification plate, identification marker, or identifying number issued pursuant to Title 56.</p></section></text><history>1990, c. 483.</history><metadata></metadata></law>
