2003 Session

Budget Amendments - SB700 (Committee Approved)

View Budget Item
View Budget Item amendments

Anderson Claims Bill

Item 290 #1s

Item 290 #1s

First Year - FY2003 Second Year - FY2004
Treasury, Department of the FY2003 $500,000 FY2004 $786,000 GF

Page 268, line 20, strike "$9,070,270" and insert "$9,570,270".
Page 268, line 20, strike "$8,403,237" and insert "$9,189,237".
Page 269, after line 10, insert:
"D.1. Pursuant to Senate Bill 863 of the 2003 Session, from the amounts appropriated in Insurance Services, there shall be paid for the relief of Marvin Lamont Anderson from the general fund, upon execution of a release of all claims he may have against the Commonwealth or any agency, instrumentality, officer, employee, or political subdivision, (i) the sum of $500,000 to be paid to Marvin Lamont Anderson on or before August 1, 2003, by check issued by the State Treasurer on warrant of the Comptroller and (ii) an annuity for the primary benefit of Marvin Lamont Anderson providing for equal monthly payments for a period certain of ten years commencing on or before September 1, 2003, in the cumulative amount of $1,000,000.
2. The State Treasurer shall purchase the annuity at the lowest cost available from any A+ rated company, including any A+ rated company from which the State Lottery Department may purchase an annuity, and such annuity shall contain beneficiary provisions providing for the annuity's continued disbursement in the event of the death of Marvin Lamont Anderson."

(This amendment funds a claim for Marvin Lamont Anderson, who was wrongly incarcerated from 1983 to 1997 and was on probation until 2002. Mr. Anderson was granted a full and absolute pardon in 2002 by Governor Warner, based on DNA testing which confirmed that Mr. Anderson was not a perpetrator of the crimes for which he was convicted.)