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2008 Session

Budget Bill - SB30 (Introduced)

Department of the Treasury

Item 274

Item 274

First Year - FY2009Second Year - FY2010
Investment, Trust, and Insurance Services (72500)$6,345,416$6,350,244
Debt Management (72501)FY2009 $1,036,408FY2010 $1,036,408
Insurance Services (72502)FY2009 $2,081,060FY2010 $2,081,060
Banking and Investment Services (72503)FY2009 $3,227,948FY2010 $3,232,776
Fund Sources:  
GeneralFY2009 $3,535,319FY2010 $3,535,319
SpecialFY2009 $5,600FY2010 $5,600
Commonwealth TransportationFY2009 $183,163FY2010 $183,163
Trust and AgencyFY2009 $2,621,334FY2010 $2,626,162

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. Coverage provided by the VARISK plan for constitutional officers shall be extended to any action filed against a constitutional officer or appointee of a constitutional officer before the Equal Employment Opportunity Commission or the Virginia State Bar.


C. By January 15 of each year the Department of the Treasury shall report to the chairmen of the House Appropriations and Senate Finance Committees, in a unified report mutually agreeable to them, summarizing changes in required debt service payments from the general fund as the result of any refinancing, refunding, or issuance actions taken or expected to be taken by the Commonwealth within the next twelve months.