58.1-1733 - Disposition of proceeds.
§ 58.1-1733. Disposition of proceeds.
After the administrative costs for collecting the fees are recovered by theDepartment of Taxation, the remaining revenues shall be divided as follows:
1. Fifty percent shall be deposited into the state's general fund; and
2. Fifty percent shall be deposited into the Governor's Motion PictureOpportunity Fund established under § 2.2-2320. All revenues deposited to theFund shall be used for film incentive programs established by the VirginiaFilm Office.
(2009, c. 531.)