Bill Text: VA SB1411 | 2021 | 1st Special Session | Chaptered
Bill Title: Peanuts; extends sunset date of excise tax on all peanuts grown in Virginia.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2021-03-18 - Governor: Acts of Assembly Chapter text (CHAP0121) [SB1411 Detail]
Download: Virginia-2021-SB1411-Chaptered.html
Be it enacted by the General Assembly of Virginia:
1. That §3.2-1905 of the Code of Virginia is amended and reenacted as follows:
§3.2-1905. Levy of excise tax.
Beginning July 1, 2010, and ending July 1, 2021 2026,
an excise tax shall be levied at a rate of $0.30 $0.25 per 100
pounds on all peanuts grown in and sold in the Commonwealth for processing.
Peanuts shall not be subject to the tax after the tax has been paid once.
