Monday, October 13, 2008
The General Assembly is not in session.
Tracking Virginia’s General Assembly
since 2007.
HB652: Oyster tax; revenues to be deposited into Public Oyster Rocks Replenishment Fund.
Be it enacted by the General Assembly of Virginia:
1. That §§ 28.2-539 and 28.2-541 of the Code of Virginia are amended and reenacted as follows:
§ 28.2-539. Inspection tax.
All licensed oyster buyers, planters, packers, importers of
shucking stock or shippers shall pay to the Commissioner an inspection tax of
three cents for each bushel of oysters taken, caught, imported, or purchased.
However, the tax shall not be imposed on those oysters which are to be
replanted in the waters of the Commonwealth, and the tax shall not be imposed
for the period from July 1, 1994 2006, until July 1, 2000 2010. The proceeds from this tax shall be paid into the general
fund of the state treasury.
§ 28.2-541. Replenishment tax.
A. There is imposed upon all oysters taken from the public rocks, beds, or shoals the following replenishment tax: (i) on all oysters taken from the seed area of the James River, or from any other area designated as a seed area by the Commission, selling for $1.50 or less per bushel, five cents per bushel; selling for $1.51 through $2.50 per bushel, ten cents per bushel; selling for $2.51 through $3.50 per bushel, fifteen cents per bushel; selling for $3.51 through $4.50 per bushel, twenty cents per bushel; selling for $4.51 through $5.50 per bushel, twenty-five cents per bushel; selling for $5.51 through $6.50 per bushel, thirty cents per bushel; selling for $6.51 or above per bushel, fifty cents per bushel; and (ii) on all oysters taken from any public rocks, beds, or shoals other than the James River seed area or any other area designated as a seed area by the Commission, fifty cents per bushel. This tax shall not be imposed for the period July 1, 2006, until July 1, 2010.
B. The Commission may revoke the permit or license of any person who fails to comply with this section.
Additional Data
Explanation
This is the actual text of the bill — the legislation itself. Generally this is amending existing law, proposing the addition or removal of words from laws that are already on the books.
Words that are highlighted in yellow are
proposed additions, and words that are crossed out in
red are proposed removals.
The numbers with the § symbol before them are references to existing laws, and if you click on them they’ll take you to that part of the law on the state's website.