1996 Session

Budget Bill - SB30 (Introduced)

Compensation Board

Item 72

Item 72

First Year - FY1997Second Year - FY1998
Financial Assistance to Localities-General (72800)$4,215,111$3,828,137
Payments on Behalf of Localities (72809)FY1997 $4,215,111FY1998 $3,828,137
Fund Sources: 
GeneralFY1997 $4,215,111FY1998 $3,828,137

Authority: Title 14.1, Chapter 1, Articles 7, 8 and 9; Title 14.1, Chapter 2, Article 3, Code of Virginia.

The Compensation Board is hereby authorized to deduct, from the first reimbursement made each year to localities out of the amounts in Items 75 and 76 of this act, an amount equal to each locality's share of the insurance premium paid by the Compensation Board on behalf of the offices of the Commissioner of Revenue and the Treasurer.