Direct Deposit of State Revenues (language only)

Item 38 #1s

Language
Page 19, line 11, insert:
" K.  Notwithstanding the provisions of Section 16.1-69.48 paragraphs A or C, the Chief Justice shall direct the Executive Secretary of the Supreme Court to work with the State Treasurer in accordance with Section 2.2-1803 to develop and implement procedures for the deposit of collections for the Commonwealth directly into the State Treasury for Items 41 General District Courts, Item 42 Juvenile and Domestic Relations General District Courts, Item 43 Combined District Courts and item 44 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 amendment is one of two that increase general fund deposits by $8.7 million the first year and $8.7 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.)