78793358.1-2247Virginia Decodedhttps://vacode.org2016TaxationTaxes Administered By Other AgenciesVirginia Fuels Tax ActProvisions Applicable To Alternative FuelsIssuance, denial or cancellation of license2000, cc. 729, 758; 2006, c. 594.http://law.lis.virginia.gov/vacode/58.1-2247//58.1-2247/58.1/II/22/5/58.1-2247The Commissioner shall issue a license to each applicant whose application is approved. A license shall not be transferable and remains in effect until surrendered or canceled.sectionAA1The Commissioner may refuse to issue a license under this article to an applicant if (i) the applicant or (ii) any principal of the applicant that is a business entity has:sectionBB1 Had a license or registration issued under prior law or this chapter canceled by the Commissioner for cause;sectionB1B12 Had an alternative fuel license or registration issued by another state canceled for cause;sectionB2B22 Had a federal Certificate of Registry issued under § 4101 of the Internal Revenue Code, or a similar federal authorization, revoked;sectionB3B32 Been convicted of any offense involving fraud or misrepresentation; orsectionB4B42 Been convicted of any other offense that indicates that the applicant may not comply with this chapter if issued a license.sectionB5B52 Filing by the licensee of a false report of the data or information required by this article;sectionC1C12 Failure, refusal, or neglect of the licensee to comply with any provision of this chapter or any regulation promulgated pursuant to this chapter;sectionC2C22 Failure of the licensee to pay the full amount of the tax required by this article;sectionC3C32 Failure of the licensee to keep accurate records of the quantities of alternative fuel received, produced, refined, manufactured, compounded, sold, or used in the Commonwealth;sectionC4C42 Failure to file a new or additional bond or certificate of deposit upon request of the Commissioner pursuant to § 58.1-2246; orsectionC5C52 Conviction of the licensee or a principal of the licensee for any prohibited act listed under this article.sectionC6C62Upon cancellation of any license for any cause listed in subsection C, the tax levied under this chapter shall become due and payable on (i) all untaxed alternative fuel held in storage or otherwise in the possession of the licensee and (ii) all alternative fuel sold, delivered, or used prior to the cancellation on which the tax has not been paid.sectionDD1The Commissioner may cancel any license upon the written request of the licensee.sectionEE1Upon cancellation of any license and payment by the licensee of all taxes due, including all penalties accruing due to any failure by the licensee to comply with the provisions of this article, the Commissioner shall cancel and surrender the bond or certificate of deposit filed by such licensee.sectionFF1