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2012 Session

Budget Bill - SB29 (Introduced)

State Corporation Commission

Item 474

Item 474 (Not set out)

First Year - FY2011Second Year - FY2012
Regulation of Business Practices (55200)$56,424,577$56,424,577
Corporation Commission Clerk's Services (55203)FY2011 $9,129,340FY2012 $9,129,340
Regulation of Investment Companies, Products and Services (55210)FY2011 $6,910,835FY2012 $6,910,835
Regulation of Financial Institutions (55215)FY2011 $14,128,204FY2012 $14,128,204
Regulation of Insurance Industry (55216)FY2011 $26,256,198FY2012 $26,256,198
Fund Sources:  
SpecialFY2011 $56,424,577FY2012 $56,424,577

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.