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2012 Special Session I

Budget Bill - HB1301 (Introduced)

State Corporation Commission

Item 473

Item 473

First Year - FY2013Second Year - FY2014
Regulation of Business Practices (55200)$56,849,370$56,849,370
Corporation Commission Clerk's Services (55203)FY2013 $9,191,068FY2014 $9,191,068
Regulation of Investment Companies, Products and Services (55210)FY2013 $6,954,104FY2014 $6,954,104
Regulation of Financial Institutions (55215)FY2013 $14,241,360FY2014 $14,241,360
Regulation of Insurance Industry (55216)FY2013 $26,462,838FY2014 $26,462,838
Fund Sources: 
SpecialFY2013 $56,849,370FY2014 $56,849,370

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.