Menu
2004 Session

Budget Amendments - SB30 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Lambert
Relief for Beverly Anne Monroe (language only)

Item 290 #2s

Item 290 #2s

Finance
Treasury, Department of the

Language
Page 216, after line 54, insert "C.1 From the amounts appropriated in Insurance Services, there shall be paid for the relief of
Beverly Anne Monroe from the general fund, upon execution of a release of all claims she may have against the Commonwealth or any agency, instrumentality, officer, employee, or political subdivision, (i) the sum of $400,000 to be paid to Beverly Anne Monroe on or before August 1, 2004, by check issued by the State Treasurer on warrant of the Comptroller and (ii) an annuity for the primary benefit of Beverly Anne Monroe providing for equal monthly payments for a period certain of twenty years commencing on or before September 1, 2004, in the cumulative amount of $1,237,000.
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 Beverly Anne Monroe."


Explanation
(This amendment provides for the relief of Beverly Anne Monroe who was imprisoned and subsequently released because the US Court of Appeals for the Fourth Circuit found that during her trial the prosecution failed to disclose exculpatory evidence.)