Va. Code § 58.1-1733

Current with changes from the 2024 legislative session through ch. 845

Section 58.1-1733 - Disposition of proceeds

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.

Va. Code § 58.1-1733

2009, c. 531.

Amended by Acts 2009, c. 531.