                                 CODE OF VIRGINIA

ADDITIONAL ONE PERCENT TAX ON GAS (§ 58.1-3713.4)

Notwithstanding the rate limitations established in §§ 58.1-3712 and
58.1-3713, a county or city may levy an additional license tax on every person
engaging in the business of severing gases from the earth. The license tax shall
be at a rate not to exceed one percent of the gross receipts from the sale of
gases severed within the county or city. The provisions of § 58.1-3712 as they
relate to measurement of gross receipts shall be applicable to this section. The
revenue received from such additional tax shall be paid into the general fund of
the county or city from where the gases are severed. However, in the Counties of
Buchanan, Dickenson, Lee, Russell, Scott, Tazewell, and Wise and the City of
Norton one-half of the revenues derived from such tax shall be paid to the
Virginia Coalfield Economic Development Fund.

HISTORY: 1990, cc. 165, 853; 2002, c. 433.