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2002 Session

Budget Bill - SB30 (Introduced)

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Department of the Treasury

Item 290

Item 290

First Year - FY2003Second Year - FY2004
Investment, Trust, and Insurance Services (72500)$7,628,772$7,636,093
Bond Issuance Advisory Services (72501)FY2003 $918,169FY2004 $927,146
Insurance Services (72502)FY2003 $3,249,617FY2004 $3,247,961
Investment Services (72503)FY2003 $3,460,986FY2004 $3,460,986
Fund Sources:  
GeneralFY2003 $4,002,049FY2004 $4,011,026
Commonwealth TransportationFY2003 $143,454FY2004 $143,454
Trust and AgencyFY2003 $3,483,269FY2004 $3,481,613

Authority: Title 2.2, Chapter 18, Code of Virginia.


A. The Department of the Treasury shall take into account the claims experience of each agency and institution when setting premiums for the general liability program.


B. Notwithstanding § 2.2–1835 of the Code of Virginia, for fiscal year 2003 the Division of Risk Management shall assess general liability and medical professional liability premiums for state agencies and institutions of higher education the same premiums that were assessed in fiscal year 2002.