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Virginia Code Title 58.1. Taxation § 58.1-1733. Disposition of proceeds

Current as of January 01, 2025 | Updated by Findlaw Staff

After the administrative costs for collecting the fees are recovered by the Department of Taxation, the remaining revenues shall be divided as follows:

1. Fifty percent shall be deposited into the state's general fund; and

2. Fifty percent shall be deposited into the Governor's Motion Picture Opportunity Fund established under § 2.2-2320. All revenues deposited to the Fund shall be used for film incentive programs established by the Virginia Film Office.

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Cite this article: FindLaw.com - Virginia Code Title 58.1. Taxation § 58.1-1733. Disposition of proceeds - last updated January 01, 2025 | https://codes.findlaw.com/va/title-58-1-taxation/va-code-sect-58-1-1733/

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