Disposition of proceeds

Va. Code Ann. § 58.1-1733
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
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. 2009, c. 531 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/58.1-1733/Fetched: 10/16/2026