Review 1501

Date Filed: 4/28/2016

Notice of Periodic Review

Pursuant to Executive Order 17 (2014) and §§ 2.2-4007.1 and 2.2-4017 of the Code of Virginia, the Department of Taxation is conducting a periodic review and small business impact review of VAC citation: 23 VAC 10-350, title of regulation: Forest Products Tax Regulations.

The review of this regulation will be guided by the principles in Executive Order 17 (2014). http://dpb.virginia.gov/regs/EO17.pdf

The purpose of this review is to determine whether this regulation should be repealed, amended, or retained in its current form. Public comment is sought on the review of any issue relating to this regulation, including whether the regulation (i) is necessary for the protection of public health, safety, and welfare or for the economical performance of important governmental functions; (ii) minimizes the economic impact on small businesses in a manner consistent with the stated objectives of applicable law; and (iii) is clearly written and easily understandable.

The comment period begins May 30, 2016, and ends on June 20, 2016.

Comments may be submitted online to the Virginia Regulatory Town Hall at http://www.townhall.virginia.gov/L/Forums.cfm. Comments may also be sent to Name: Joe Mayer, Title: Lead Policy Analyst, Address: PO Box 27185, City: Richmond, State: Virginia, Zip: 23261-7185, Telephone: (804) 371-2299, FAX: (804) 371-2355, email address: joseph.mayer@tax.virginia.gov.

Comments must include the commenter's name and address (physical or email) information in order to receive a response to the comment from the agency. Following the close of the public comment period, a report of both reviews will be posted on the Town Hall and a report of the small business impact review will be published in the Virginia Register of Regulations.

Publication of Notice in the Register and Public Comment Period

Comments Received: 0

Review Result

Repeal the regulation

Attorney General Certification

Review Completed: 6/29/2016
Result: Certified