Deed Fraud Protection (SB 316)

Item 56 #1s

Language
Page 49, line 16, strike "$3,897,760" and insert "$4,008,152".
Page 49, line 16, strike "$3,897,760" and insert "$4,008,152".

Explanation

(This amendment provides $110,392 GF each year for the Secretary of the Commonwealth for the fiscal impact of Senate Bill 316. The Secretary is responsible for the commissioning of Notaries Public in Virginia, including providing educational and reference materials. The bill directs the Secretary to develop curricula and education for notaries and electronic notaries who are applying for commission (four hours) or recommission (two hours). Such curricula must include information on notarial laws, best practices, identity verification, real estate fraud and an examination.)