Direct Deposit of State Revenues (language only)

Item 38 #1c

Language
Page 19, after line 11, insert:
" K.  Notwithstanding the provisions of § 16.1-69.48 paragraphs A or C, Code of Virginia, the Chief Justice shall direct the Executive Secretary of the Supreme Court to work with the State Treasurer in accordance with § 2.2-1803, Code of Virginia to develop and implement procedures for the deposit of collections for the Commonwealth directly into the State Treasury for Item 42 General District Courts, Item 43 Juvenile and Domestic Relations General District Courts, Item 44 Combined District Courts and Item 45 Magistrate System.  The Executive Secretary and State Treasurer shall implement direct deposit to the State Treasury within a month of this bill’s passage, but no later than July 1, 2010."

Explanation
(This is the first of two amendments that increase general fund deposits by $4.4 million the first year and $4.4 million the second year by requiring the direct deposit of state revenues with the Treasurer of Virginia, as recommended by the Auditor of Public Accounts. There is a companion amendment to Item 248 for the Department of Accounts.)