2007 Session

Budget Bill - HB1650 (Chapter 847)

Virginia State Bar

Item 42

Item 42

First Year - FY2007Second Year - FY2008
Regulation of Professions and Occupations (56000)$10,554,397$10,676,669
Lawyer Regulation (56019)FY2007 $10,554,397FY2008 $10,676,669
Fund Sources:  
Dedicated Special RevenueFY2007 $10,554,397FY2008 $10,676,669

Authority: Title 54.1, Chapter 39, Article 2 and §§ 54.1-3935 through 54.1-3938, Code of Virginia.

A.  It is the intention of the General Assembly that the Virginia State Bar strictly direct its activities toward the purposes of regulating the legal profession and improving the quality of legal services available to the people of the Commonwealth, and that, insofar as reasonably possible, the Virginia State Bar shall refrain from commercial or other undertakings not necessarily or reasonably related to the above stated purposes.

B. Out of the amounts appropriated for this item, $1,000,000 the second year from revenues generated from the assessment of annual fees by the Supreme Court of Virginia upon members of the Virginia State Bar, pursuant to Senate Bill 1426 of the 2007 Regular Session of the General Assembly, is provided for transfer to the Clients' Protection Fund of the Virginia State Bar.