2016 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: O'Bannon
Restore Local Treasurers Contingency Fee Language (language only)

Item 73 #2h

Item 73 #2h

Compensation Board


Page 52, line 19, after "fee" insert:

"Effective July 1, 2015, as provided in § 19.2-349, Code of Virginia, treasurers not being compensated on a contingency basis as of January 1, 2015 shall be prohibited from being compensated on a contingency basis but shall be instead compensated administrative cost pursuant to § 58.1-3958, Code of Virginia. Treasurers currently collecting a contingency fee shall be eligible to contract on a contingency fee basis until June 30, 2018. Effective July 1, 2015, any treasurer collecting a contingency fee shall retain only the expenses of collection, and the excess collection shall be divided between the state and locality in the same manner as if the collection had been done by the attorney for the Commonwealth."


(This amendment restores the policy adopted by the 2015 General Assembly concern court debt collections by local treasurers.)