58.1-2627 - Exemptions.

§ 58.1-2627. Exemptions.

There shall be deducted from the gross receipts of any corporation engaged inthe business of furnishing heat, light or power by means of gas, revenuesbilled on behalf of another person to the extent such revenues are later paidover to or settled with that person.

(Code 1950, § 58-603; 1971, Ex. Sess., c. 41; 1972, c. 858; 1976, c. 778;1978, c. 786; 1980, c. 668; 1982, c. 633; 1984, c. 675; 1986, c. 243; 1993,c. 522; 1998, c. 197; 1999, c. 971.)