CHAPTER 378

AN ACT to amend and reenact § 58-306 of the Code of 1950, re-
lating to amount of tax on wholesale merchants, to add language
inadvertently omitted.

[H 447]
Approved April 5, 1950

Be it enacted by the General Assembly of Virginia :

1. That § 58-306 of the Code of 1950 be amended and reenacted
as follows:

§ 58-306. Amount of tax.—For every license to a person, firm
or corporation engaged in the business of a wholesale merchant,
the amount to be paid shall be as follows:

If the amount of purchases throughout the then next preceding
callendar year did not exceed ten thousand dollars, the amount
shall be fifty dollars; when such purchases exceeded ten thousand
dollars, the amount shall be fifty dollars on the first ten thousand
dollars and twenty cents on every one hundred dollars upon all
in excess of ten thousand dollars.

2. An emergency exists and this act is in force from passage.