§ 3.2-1900. Definitions

As used in this chapter, unless the context requires a different meaning: “Processor” means any person that cleans, shells, or crushes peanuts. Code 1950, § 3-525.1; 1966, c. 702, § 3.1-647; 1985, c. 448; 2008, c. 860.

§ 3.2-1901. Peanut Board; composition and appointment of members

The Peanut Board is continued within the Department. The Peanut Board shall consist of eight members representing as nearly as possible each peanut-producing section of the Commonwealth. Such members shall be appointed by the Governor, subject to confirmation by the General Assembly, and each of whom shall be a resident of the Commonwealth and engaged […]

§ 3.2-1902. Repealed

Repealed by Acts 2016, c. 565, cl. 2.

§ 3.2-1904. Powers and duties of Peanut Board

A. All funds levied and collected under this chapter shall be administered by the Peanut Board. B. The Peanut Board shall plan and conduct campaigns for education, advertising, publicity, sales promotion, and research as to Virginia peanuts. C. The Peanut Board may make contracts, expend moneys of the Peanut Fund, and do whatever else may […]

§ 3.2-1905. Levy of excise tax

Beginning July 1, 2010, and ending July 1, 2026, an excise tax shall be levied at a rate of $0.25 per 100 pounds on all peanuts grown in and sold in the Commonwealth for processing. Peanuts shall not be subject to the tax after the tax has been paid once. Code 1950, § 3-525.11; 1964, […]

§ 3.2-1906. Peanut Fund established

There is hereby created in the state treasury a special nonreverting fund to be known as the Peanut Fund, hereafter referred to as “the Fund.” The Fund shall be established on the books of the Comptroller. All moneys levied and collected under the provisions of this chapter, after deducting the expense to the Commonwealth of […]

§ 3.2-1907. Collection and disposition of tax; reports

A. Every processor shall collect the tax on all peanuts bought by him and pay it into the Department of Taxation to the credit of the Peanut Fund. The tax collected between July 1 and December 31 of each year shall be paid not later than February 15 of the succeeding year, and the tax […]

§ 3.2-1908. Record to be kept by processor

Every processor shall keep a complete record of the amount of peanuts, subject to tax, bought by him for a period of not less than three years. Such record shall be open to the inspection of the Tax Commissioner and his duly authorized agents. Code 1950, § 3-525.13; 1966, c. 702, § 3.1-659; 2008, c. […]

§ 3.2-1909. Falsification of records; misdemeanor

It is a Class 1 misdemeanor: 1. For any processor knowingly to report falsely to the Tax Commissioner the quantity of peanuts subject to tax bought by him during any period. 2. For any processor to falsify the records of the peanuts subject to tax bought by him. Code 1950, § 3-525.18; 1966, c. 702, […]

§ 3.2-1910. Failure to file reports; misdemeanor

Any processor who fails to file the required reports, or who fails to keep the required records, is guilty of a Class 1 misdemeanor. Each month of such failure is a separate offense. Code 1950, § 3-525.19; 1966, c. 702, § 3.1-665; 2008, c. 860.