3.2-2312 - Collection and disposition of assessment by handler; reports.
§ 3.2-2312. Collection and disposition of assessment by handler; reports.
A. Every handler shall deduct from payments made to the producer for soybeansan assessment of two cents ($0.02) per bushel and shall remit such assessmentto the Tax Commissioner pursuant to this chapter. The handler shall alsodeduct from payments made to the producer for soybeans any nationalassessment that shall be approved under federal law to supersede the statelaw and shall remit such assessment to the Tax Commissioner pursuant to thischapter. The Tax Commissioner shall provide to the Soybean Board copies ofexcise tax returns and other information as may be necessary for the SoybeanBoard to comply with Virginia and federal soybean assessment programs.
B. A report to the Tax Commissioner shall be on forms prescribed andfurnished by the Tax Commissioner, and shall be a statement of the grossvolume of soybeans handled by the handler and shall be filed with the TaxCommissioner by the date or dates as set forth by the Tax Commissionercovering soybeans handled during the preceding period, as set forth by theTax Commissioner. The Tax Commissioner shall set forth the filing date ordates for reports and assessments and the period or periods to be coveredafter consultation with the Virginia Soybean Association and Soybean Board.The assessment levied on soybeans shall be due by the handler on the same dayas the report is due. The assessment shall be paid to the Tax Commissionerand be promptly paid into the state treasury to the credit of the VirginiaSoybean Fund.
C. Any assessment that is not paid when due shall be collected pursuant to §3.2-1102.
(1970, c. 431, § 3.1-684.14; 1982, c. 603; 1987, c. 476; 1990, c. 183; 1992,c. 124; 2008, c. 860.)