                                 CODE OF VIRGINIA

REMITTANCE OF TAX TO PROVIDER OF ALTERNATIVE FUEL (§ 58.1-2252)

A purchaser of alternative fuel, other than a bulk user of alternative fuel or a
retailer of alternative fuel who is liable for the tax pursuant to subsection A
of § 58.1-2251, shall remit the tax due on the fuel to the provider of the
fuel. A bulk user of alternative fuel or retailer of alternative fuel who has
posted a bond in accordance with § 58.1-2246 shall not be required to remit the
tax to the provider until the date the provider is required to pay the tax to
the Commonwealth. All tax payments received by a provider of alternative fuel
from a bulk user of alternative fuel or retailer of alternative fuel shall be
held in trust by the provider until the provider remits the tax payments to the
Commonwealth, and the provider shall constitute the trustee for such tax
payments. The date by which other purchasers of alternative fuel are required to
remit tax to a provider shall be determined by agreement between the provider
and the purchaser.

HISTORY: 2000, cc. 729, 758.