SB665: Tire recycling fee; extended until July 1, 2011.
Be it enacted by the General Assembly of Virginia:
1. That § 58.1-641 of the Code of Virginia is amended and reenacted as follows:
§ 58.1-641. Imposition of tire recycling fee.
There Beginning July 1, 2008, there is hereby levied and imposed
upon every retailer of tires in the Commonwealth, in addition to all other
taxes and fees of every kind now imposed by law, a tire recycling fee of $.50
for each new tire sold by such retailer ending July 1, 2003. Beginning July 1,
2003, and ending July 1, 2008, such fee shall be levied and
imposed at a rate of $1.00 for each new tire
sold by a retailer. Beginning July 1, 2008 2011, the fee shall be levied and imposed at a rate of $.50 for
each new tire sold by a retailer.