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2005 Session

Budget Bill - HB1500 (Chapter 951)

Department of Accounts

Item 272

Item 272

First Year - FY2005Second Year - FY2006
Administrative and Support Services (74900)$2,736,977$2,748,526
General Management and Direction (74901)FY2005 $787,029FY2006 $798,578
Computer Services (74902)FY2005 $1,858,698FY2006 $1,858,698
Records Retention and Word Processing Services (74920)FY2005 $91,250FY2006 $91,250
Fund Sources: 
GeneralFY2005 $2,736,977FY2006 $2,748,526

Authority: Title 2.2, Chapter 8, Code of Virginia.


A. The Department of Accounts is authorized to disburse, as fiscal agent for the Commonwealth Health Research Board, funds received from the Virginia Retirement System pursuant to § 23-284, Code of Virginia.


B. As a condition of the appropriation in this item, the Department shall provide to the Chairmen of the House Appropriations and Senate Finance Committees the expenditure and revenue reports necessary for timely legislative oversight of state finances. The necessary reports include monthly and year-end versions and shall be provided in an interactive electronic format agreed upon by the Chairmen of the House Appropriations and Senate Finance Committees, or their designees, and the Comptroller. Delivery of these reports shall occur by way of electronic mail or other methods to ensure their receipt within 48 hours of their initial run after the close of the business month.


C. Notwithstanding the requirements of § 58.1-638 D, Code of Virginia, Tax Amnesty funds collected pursuant to § 58.1-1840.1, Code of Virginia, and transferred to the general fund of the Commonwealth pursuant to § 3-1.01 FFF of Chapter 1042, 2003 Virginia Acts of Assembly, shall remain in the general fund of the Commonwealth.