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1994 SESSION
LD7357468Be it enacted by the General Assembly of Virginia:
1. That § 58.1-1410 of the Code of Virginia is amended and reenacted as follows:
§ 58.1-1410. Disposition of funds.
All Funds collected hereunder by the Tax Commissioner shall be paid
forthwith into the general fund of the state treasury and allocated
by the State Treasurer to the motorboat and water safety fund of the game
protection fund in the following manner . :
For Fiscal Year Percentage of Collections [19941995 ] 25% [19951996 ] 50% [19961997 ] 75% [19971998 ] and thereafter 100%
No later than thirty days after the end of the fiscal year, the Comptroller shall transfer to the motorboat and water safety fund of the game protection fund the appropriate percentage of collections to be dedicated to such fund. Adjustments may be necessary subject to the audit report of the Auditor of Public Accounts.