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2006 Session

Budget Bill - HB30 (Introduced)

State Corporation Commission

Item 464

Item 464

First Year - FY2007Second Year - FY2008
Regulation of Business Practices (55200)$55,772,820$54,694,943
Corporation Commission Clerk's Services (55203)FY2007 $10,711,867FY2008 $10,148,808
Regulation of Investment Companies, Products and Services (55210)FY2007 $5,127,947FY2008 $4,685,650
Regulation of Financial Institutions (55215)FY2007 $12,852,853FY2008 $12,929,367
Regulation of Insurance Industry (55216)FY2007 $27,080,153FY2008 $26,931,118
Fund Sources:  
SpecialFY2007 $55,772,820FY2008 $54,694,943

Authority: Article IX, Constitution of Virginia; Title 8.9A, Part 4; Title 12.1, Chapter 4; Title 13.1; Title 55, Chapter 6, Article 6; Title 56, Chapter 15, Article 5; Title 58.1, Chapter 28; Title 59.1, Chapter 6.1, Code of Virginia; Title 13.1, Chapter 3.1; Title 38.2; Title 58.1, Chapter 25; and Title 65.2, Chapter 8, Code of Virginia.


Out of the amounts appropriated to this Item, the Commission is authorized to expend an amount not to exceed $10,000 the first year and $10,000 the second year for the payment of annual membership dues to the National Conference of Insurance Legislators.