                                 CODE OF VIRGINIA

USE OF ELECTRIC UTILITY CONSUMPTION TAX RELATING TO SPECIAL REGULATORY TAX (§
58.1-2903)

The electric utility consumption tax relating to the special regulatory tax paid
into the treasury under this chapter shall be deposited into a special fund used
only by the Commission for the purpose of making appraisals, assessments and
collections against electric suppliers as defined in §§ 58.1-400.2 and
58.1-2600 and public service corporations furnishing heat, light and power by
means of electricity and for the further purposes of the Commission in
investigating and inspecting the properties or the service or services of such
electric suppliers and public service corporations, and for the supervision and
administration of all laws relative to such electric suppliers and public
service corporations, whenever the same shall be deemed necessary by the
Commission.

HISTORY: 1999, c. 971.