CODE OF VIRGINIA

DISPOSITION OF PROCEEDS (§ 58.1-1733)

After the administrative costs for collecting the fees are recovered by the
Department 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 Picture
   Opportunity Fund established under § 2.2-2320. All revenues deposited to the
   Fund shall be used for film incentive programs established by the Virginia
   Film Office.

HISTORY: 2009, c. 531.