Reg & Consumer Advocacy Revolving Trust Fund

Item 51 #1s

Language
Page 30, line 27, strike "$1,938,429" and insert "$2,438,429".
Page 30, line 27, strike "$1,938,429" and insert "$2,438,429".
Page 30, line 32, strike "750,000" and insert "1,250,000".
Page 30, line 33, strike "750,000" and insert "1,250,000".
Page 30, strike line 34 and insert "Regulatory, Consumer Advocacy, Litigation, and Enforcement Revolving Trust".
Page 30, line 36, after "1994" insert "and amended herein".
Page 30, line 37, after "fees" insert "civil penalties,".
Page 30, line 40, after "litigation" insert:
"or enforcement efforts pursuant to Article 5 (Section 3.1-336.1 et seq.) and Article 6 (Section 3.1-336.3 et seq.) of Chapter 18 of Title 3.1 of the Code of Virginia.  In addition, the Department of Law is authorized to deposit to the Fund any attorneys' fees which from time to time may be obtained."
Page 30, line 43, strike "750,000" and insert "1,250,000".
Page 30, line 45, after "fund." insert:
"In addition to the uses of the Fund permitted by Item 48 of Chapter 966 of the Acts of Assembly of 1994, a portion of the Fund not to exceed $500,000 may be used to pay costs associated with enforcement efforts pursuant to Article 5 (Section 3.1-336.1 et seq.) and Article 6 (Section 3.1-336.3 et seq.) of Chapter 18 of Title 3.1 of the Code of Virginia, costs associated with litigation initiated by the Office of the Attorney General, and costs associated with civil commitment procedures pursuant to Article 1.1 (Section 37.1-70.1 et seq.) of Chapter 2 of Title 37.1 of the Code of Virginia."

Explanation
(This amendment increases the amount of special funds deposited into the Regulatory and Consumer Advocacy Revolving Trust Fund by $500,000 per year. In addition, the language amends the title of the fund, authorizes the Office of the Attorney General to deposit into the fund civil penalties and attorneys fees recovered from regulatory and consumer advocacy litigation, and authorizes the Attorney General to pay costs and litigation expenses associated with certain enforcement efforts and civil commitment procedures.)