                                 CODE OF VIRGINIA

TOBACCO RETAIL ENFORCEMENT FUND (§ 59.1-293.14)

There is hereby created in the state treasury a special nonreverting fund to be
known as the Tobacco Retail Enforcement Fund, referred to in this section as
&#8220;the Fund.&#8221; The Fund shall be established on the books of the
Comptroller. All revenues accruing to the Fund pursuant to this article, all
funds appropriated for such purpose, and any gifts, donations, grants, bequests,
and other funds received on its behalf shall be paid into the state treasury and
credited to the Fund. Interest earned on moneys in the Fund shall remain in the
Fund and be credited to it. Any moneys remaining in the Fund, including interest
thereon, at the end of each fiscal year shall not revert to the general fund but
shall remain in the Fund. Moneys in the Fund shall be used solely for the
purposes of funding the Department of Taxation&#8217;s direct and indirect costs
of the license administration and enforcement program administered pursuant to
Article 2.1 (§ 58.1-1021.01 et seq.) of Chapter 10 of Title 58.1 and the
administrative costs of education and training, retail inspections, and
unannounced compliance checks in accordance with the provisions of §§
59.1-293.12 and 59.1-293.13. Expenditures and disbursements from the Fund shall
be made by the State Treasurer on warrants issued by the Comptroller upon
written request signed by the Tax Commissioner.

HISTORY: 2024, cc. 796, 821.