                                 CODE OF VIRGINIA

RETAILER DISCOUNT (§ 58.1-1747)

A. Beginning January 1, 2021, and ending January 1, 2023, every retailer that
collects a tax imposed by a county or city under this article shall be allowed
to retain two cents ($0.02) from the tax collected on each disposable plastic
bag.

B. Beginning January 1, 2023, every retailer that collects a tax imposed by a
county or city under this article shall be allowed to retain one cent ($0.01)
from the tax collected on each disposable plastic bag.

C. Any retailer that retains a discount pursuant to this section shall account
for it in the form of a deduction when submitting its tax return and paying the
amount due in a timely manner.

HISTORY: 2020, cc. 1022, 1023.