State Codes and Statutes
Statutes > Virginia > Title-58-1 > Chapter-29-1 > 58-1-2904§ 58.1-2904. Imposition of tax.
A. Effective January 1, 2001, there is hereby imposed, in addition to thelocal consumer utility tax of Article 4 (§ 58.1-3812 et seq.) of Chapter 38of this title, a tax on the consumers of natural gas in the Commonwealthbased on volume of gas at standard pressure and temperature in units of 100cubic feet (CCF) delivered by the pipeline distribution company or gasutility and used per month. Each consumer of natural gas in the Commonwealthshall pay tax on the consumption of all natural gas consumed per month not inexcess of 500 CCF at the following rates: (i) state consumption tax rate of$0.0135 per CCF, (ii) local consumption tax rate of $0.004 per CCF, and (iii)a special regulatory tax rate of up to $0.002 per CCF.
B. The tax rates set forth in subsection A are in lieu of and replace thestate gross receipts tax pursuant to § 58.1-2626, the special regulatoryrevenue tax pursuant to § 58.1-2660, and the local license tax pursuant to §58.1-3731 levied on corporations furnishing heat, light or power by means ofnatural gas.
C. The tax of consumers under this section shall not be imposed on consumersserved by a gas utility owned or operated by a municipality.
D. The tax authorized by this chapter shall not apply to use by divisions oragencies of federal, state and local governments.
(2000, cc. 691, 706.)
