Source: https://law.lis.virginia.gov/vacode/58.1-2289/
Timestamp: 2019-08-21 05:43:21
Document Index: 153190683

Matched Legal Cases: ['§ 58', '§ 58', '§ 58', '§ 33', '§ 33', '§ 58']

§ 58.1-2289. Disposition of tax revenue generally
Table of Contents » Title 58.1. Taxation » Subtitle II. Taxes Administered by Other Agencies » Chapter 22. Virginia Fuels Tax Act » Article 9. Disposition of Tax Revenues » § 58.1-2289. Disposition of tax revenue generally
§ 58.1-2289. Disposition of tax revenue generally.
E. Of the remaining revenues deposited into the Commonwealth Transportation Fund pursuant to this chapter less refunds authorized by this chapter: (i) 80 percent shall be deposited into the Highway Maintenance and Operating Fund established pursuant to § 33.2-1530, (ii) 11.3 percent shall be deposited into the Transportation Trust Fund established pursuant to § 33.2-1524, (iii) four percent shall be deposited into the Priority Transportation Fund, (iv) 3.7 percent shall be deposited into the Commonwealth Mass Transit Fund established pursuant to subdivision A 4 of § 58.1-638, and (v) one percent shall be transferred to a special fund within the Commonwealth Transportation Fund in the state treasury, to be used to meet the necessary expenses of the Department of Motor Vehicles.
2000, cc. 729, 758; 2007, c. 896; 2013, c. 766; 2015, c. 684; 2018, cc. 854, 856.