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1994 SESSION
LD9122605Be 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 to the motorboat and water safety
fund of the game protection fund in the following manner:
For Fiscal Year Percentage of Collections 1997 25% 1998 50% 1999 75% 2000 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.