                                 CODE OF VIRGINIA

DISTRIBUTION OF LOCAL COAL ROAD IMPROVEMENT SEVERANCE TAX (§ 58.1-3742)

Notwithstanding any other provision of law, the incorporated towns and city
situated within the bounds of Wise County shall receive from the county 20
percent of all revenues collected under the local coal road improvement
severance license tax imposed under the authority of subsection B of §
58.1-3741. The shares of such 20 percent shall be computed as follows: 25
percent shall be divided among the incorporated towns and the city based on the
number of registered motor vehicles in each town and the city, and 75 percent
shall be divided equally among the incorporated towns and city. Such funds shall
be distributed to the treasurer of such towns and city on a quarterly basis as
received by the county.

HISTORY: 2013, cc. 305, 618.