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2016 Session

Budget Bill - HB29 (Enrolled)

Item 3-3.03

Item 3-3.03

§ 3-3.03 INTEREST EARNINGS


A. Notwithstanding any other provision of law, the State Comptroller shall not allocate interest earnings to the following agencies and funds in either the first year or the second year of the biennium. The estimated amount of interest earnings that shall remain in the general fund as a result of this provision is $9,967,081 the first year and $9,898,738 the second year.



Agency

Fund/Fund

Agency

Code

Fund Name

Detail

Supreme Court

111

Pro Hac Vice Fund

0254

Supreme Court

111

Court Technology Fund

0905

Department of Military Affairs

123

Armory Control Board Fund

0901

Department of Military Affairs

123

Virginia Military Family Relief Fund

0916

Department of Human Resource Management

129

Worker's Compensation Funding Account

0700

Department of Human Resource Management

129

Worker's Compensation Trust Fund

0742

Virginia Information Technologies Agency

136

GIS Fund

0905

Virginia Information Technologies Agency

136

Wireless E-911 Fund

0928

Virginia Information Technologies Agency

136

Virginia Technology Infrastructure Fund

0931

Department of Criminal Justice Services

140

School Resource Officer Incentive Grants Fund

0903

Department of Criminal Justice Services

140

Virginia Domestic Violence Victim Fund

0912

Department of Criminal Justice Services

140

Virginia Crime Victim - Witness Fund

0930

Department of Criminal Justice Services

140

Intensified Drug Enforcement Jurisdictions Fund

0935

Department of Criminal Justice Services

140

Regional Criminal Justice Academy Training Fund

0940

Department of Criminal Justice Services

140

Court Fees Suspense Fund

0975

Attorney General and Department of Law

141

Youth Internet Safety Fund

0237

Attorney General and Department of Law

141

Regulatory And Consumer Advocacy Revolving Trust

0239

Virginia Commission for the Arts

148

Virginia Arts Foundation Fund

0910

Administration of Health Insurance

149

Pre-Medicare Eligible Retiree Health Benefits Trust Fund

0720

Department of Accounts

151

Commonwealth Health Research Fund

0936

Department of Treasury

152

Property Insurance Trust Fund

0740

Department of Treasury

152

Miscellaneous Insurance Trust Fund

0741

Department of Treasury

152

Liability Trust Fund

0743

Department of Treasury

152

Automobile Trust Fund

0744

Department of Treasury

152

Local Entities Bond Program

0745

Department of Treasury

152

Public Officials Insurance

0746

Department of Treasury

152

Law Enforcement Insurance

0747

Department of Treasury

152

George Washington Regional Commission

0748

Department of Treasury

152

Commuter Rail Trust Fund (First year only)

0749

Department of Treasury

152

Workforce Training Access Fund

0901

Department of Motor Vehicles

154

State Asset Forfeiture Fund

0430

Department of State Police

156

State Asset Forfeiture Fund

0233

Department of State Police

156

Drug Investigation Trust Account - Federal

0236

Department of State Police

156

Insurance Fraud

0250

Department of State Police

156

Drug Investigation Trust Account-State

0253

Department of State Police

156

State Asset Forfeiture Suspense Fund

0733

Department of State Police

156

Wireless E-911 Fund

0928

Compensation Board

157

Wireless E-911 Fund

0928

Department of Taxation

161

Communications Sales And Use Tax Trust Fund

0926

Department of Taxation

161

Governor's Motion Picture Opportunity Fund

0902

Department of Accounts Transfer Payments

162

Edvantage Reserve Fund

0708

Department of Accounts Transfer Payments

162

Line Of Duty Death And Health Benefits Trust Fund

0742

Department of Housing and Community Development

165

Derelict Structure Fund

0916

Department of Housing and Community Development

165

Virginia Manufactured Housing Transaction Recovery Fund

0925

Department of Housing and Community Development

165

Virginia Water Quality Improvement Fund

0934

State Corporation Commission

171

Fire Programs Fund

0218

State Corporation Commission

171

Underground Utility Damage Prevention Fund

0902

State Corporation Commission

171

Virginia State Police-Insurance Fraud Fund

0905

Virginia College Savings Plan

174

Special Revenue

0500

Virginia Employment Commission

182

Workforce Development Training Fund

0910

Secretary of Finance

190

Workforce Training Access Fund

0901

Secretary of Commerce and Trade

192

Governor's Motion Picture Opportunity Fund

0902

Secretary of Commerce & Trade

192

Commonwealth's Development Opportunity Fund

0910

Department of General Services

194

Main Street Station Property

0922

Department of Education - Direct Aid to Public Education

197

School Nurse Incentive Grants Fund

0905

Department of Education - Direct Aid to Public Education

197

Va Public School Educational Technology Trust Fund

0928

Department of Education - Direct Aid to Public Education

197

Va Public School Construction Grants Fund

0930

Department of Education - Direct Aid to Public Education

197

Public Ed SOQ/Local Re Property Tax Relief Fund

0931

Department of Conservation and Recreation

199

Natural Area Preservation Fund

0215

Department of Conservation and Recreation

199

Chesapeake Bay Restoration Fund

0252

Department of Conservation and Recreation

199

Flood Prevention And Protection Assistance Fund

0910

Department of Conservation and Recreation

199

Va Land Conservation Fund - Restricted

0917

Department of Conservation and Recreation

199

Virginia Land Conservation Fund - Unrestricted

0918

Department of Conservation and Recreation

199

Soil/Water Conservation District Dam Maintenance Fund

0925

Department of Conservation and Recreation

199

Virginia Water Quality Improvement Fund

0934

Department of Conservation and Recreation

199

Virginia Water Quality Improvement Fund Reserve

0935

Department of Conservation and Recreation

199

Virginia Natural Resources Commitment Fund

0936

Department of Conservation and Recreation

199

VOF - Open-Space Lands Preservation Trust Fund

0958

Department of Education - Central Office Operations

201

Virginia Teaching Scholarship Loan Fund

0908

Department of Education - Central Office Operations

201

Families In Education Incentive Grants Fund

0912

Department of Education - Central Office Operations

201

Community-Based Intervention-Susp/Expelled Student

0915

Department of Education - Central Office Operations

201

Artists In The Classroom Grants Fund

0916

Department of Education - Central Office Operations

201

School-To-Work Transition Grants Fund

0932

Department of Education - Central Office Operations

201

National Teacher Certification Incentive Reward Pg

0940

Department of Professional and Occupational Regulation

222

Common Interest Community Management Information Fund

0259

Board of Accountancy

226

Board Of Accountancy Trust Fund

0202

Board of Accountancy

226

Dedicated Special Revenue

0900

State Board of Bar Examiners

233

Special Revenue

0200

State Council of Higher Education for Virginia

245

VA Undergrad/Vocational Incentive Scholarship Fund

0905

State Council of Higher Education for Virginia

245

Brown V Board Of Education Scholarship Pgm Fund

0912

Department of Rehabilitative Services

262

Statewide Independent Living Fund

0903

Department of Rehabilitative Services

262

Commonwealth Neurotrauma Initiative Trust Fund

0915

Department of Agriculture and Consumer Services

301

Contested Pesticide Penalties

0708

Department of Agriculture and Consumer Services

301

Tobacco Loss Assistance Program Fund

0710

Department of Agriculture and Consumer Services

301

Virginia Farm Loan Revolving Account

0716

Department of Agriculture and Consumer Services

301

Certification Of Agricultural Products Trust Fund

0729

Virginia Agricultural Council

307

Dedicated Special Revenue

0900

Department of Small Business and Supplier Diversity

350

Capital Access Fund For Disadvantaged Businesses

0901

Department of Small Business and Supplier Diversity

350

Small Business Environmental Compliance Assistance Fund

0930

Department of Small Business and Supplier Diversity

350

Virginia Small Business Growth Fund

0957

Marine Resources Commission

402

Forfeited Asset Sharing Program Fund

0265

Marine Resources Commission

402

Marine Habitat And Waterways Improvement Fund

0916

Department of Game and Inland Fisheries

403

Boating Safety And Regulation

0902

Department of Game and Inland Fisheries

403

Non Game Cash Fund

0904

Department of Game and Inland Fisheries

403

Feed The Hungry Fund

0913

Department of Game and Inland Fisheries

403

Virginia Fish Passage Grant And Revolving Loan Fund

0922

Virginia Racing Commission

405

Special Revenue

0200

Virginia Racing Commission

405

Virginia Breeders Fund

0220

Department of Mines, Minerals and Energy

409

Exxon Oil Overcharge Fund

0738

Department of Mines, Minerals and Energy

409

Coal Surface Mining Contl & Reclamation Act Cvl

0754

Department of Mines, Minerals and Energy

409

Gas And Oil Plugging And Restoration Fund

0755

Department of Mines, Minerals and Energy

409

Orphaned Well Fund

0952

Department of Forestry

411

Forfeited Asset Sharing Program Fund

0265

Department of Forestry

411

State Forests System Fund

0901

Department of Forestry

411

Virginia's Natural Resources Trust Fund

0909

Department of Forestry

411

Virginia Forest Water Quality Fund

0926

Department of Historic Resources

423

Historic Resources Fund

0910

Department of Environmental Quality

440

Operating Permits Program

0510

Department of Environmental Quality

440

Underground Petroleum Storage Tank Fund

0748

Department of Environmental Quality

440

Dupont Shenandoah River Mercury Monitoring

0755

Department of Environmental Quality

440

Virginia Stormwater Management Fund

0902

Department of Environmental Quality

440

Waste Tire Trust Fund

0906

Department of Environmental Quality

440

Virginia Environmental Emergency Response Fund

0907

Department of Environmental Quality

440

Air Pollution Permit Program

0909

Department of Environmental Quality

440

Virginia Waste Management Board Permit Program Fund

0911

Department of Environmental Quality

440

State Water Control Board Permit Program Fund

0914

Department of Environmental Quality

440

Marine Habitat And Waterways Improvement Fund

0916

Department of Environmental Quality

440

Vehicle Emissions Inspection Program Fund

0919

Department of Environmental Quality

440

VA Motor Vehicle Emission Reduction Program Fund

0924

Department of Environmental Quality

440

Litter Control And Recycling Fund

0925

Department of Environmental Quality

440

Small Business Environmental Compliance Assistance Fund

0930

Department of Environmental Quality

440

Virginia Water Quality Improvement Fund

0934

Department of Environmental Quality

440

Virginia Water Quality Improvement Fund Reserve

0935

Motor Vehicle Dealer Board

506

Motor Vehicle Dealer Board Fund

0212

Department of Health

601

Waterworks Technical Assistance Fund

0248

Department of Health

601

Virginia Pregnant Women Support Fund

0276

Department of Health

601

Donations - Local Health Departments

0901

Department of Health

601

Trauma Center Fund

0902

Department of Health

601

Virginia Transplant Council Education Fund

0905

Department of Health

601

Virginia Rescue Squads Assistance Fund

0910

Department of Health

601

Water Supply Assistance Grant Fund

0922

Department of Health

601

Radioactive Materials Facility Licensure/Inspec Fd

0931

Department of Health

601

Medical And Physicans Assistant Scholarship And Loan Repayment Fund

0932

Department of Health

601

Nursing Scholarship And Loan Repayment Fund

0934

Department of Health

601

Nurse Practitioner Scholarship And Loan Repayment Fund

0936

Department of Health

601

Dental Scholarship & Loan Repayment Fd

0938

Department of Medical Assistance Services

602

Uninsured Medical Catastrophe Fund

0910

Department of Behavioral Health and Developmental Services

720

Mental Health/Retard Substance Abuse Srvs Trust Fd

0908

Department of Social Services

765

Putative Father Registry Fund

0914

Department of Social Services

765

Home Energy Assistance Fund

0925

Department of Corrections

767

Drug Offender Access Fund

0953

Department of Corrections

795

Corrections Special Reserve Fund

0230

Department of Corrections

799

Ded Impact Funds

0230

Department of Corrections

799

Drug Offender Access Fund

0953

Tobacco Indemnification & Revitalization

851

Tobacco Indemnification/Community Revitalization

0942

Virginia Tobacco Settlement Fund

852

Virginia Tobacco Settlement Fund

0943

Virginia Commission on Energy and Environment

868

Virginia Commission On Energy & Environment Fund

0223

Dept of Veterans Services

912

Veterans Services Fund

0941

Sitter-Barfoot Veterans Care Center

922

Veterans Services Fund

0941

Innovative Technology Authority

934

Advanced Communications Assistance Fund

0265

Department of Fire Programs

960

Fire Programs Fund

0218

DPB - Central Appropriations - Admin

995

Texaco Oil Overcharge Fund

0734

DPB - Central Appropriations - Admin

995

Stripper Well Oil Overcharge Fund

0739

DPB - Central Appropriations - Admin

995

Diamond Shamrock Oil Overcharge Fund

0740

Central Appropriations

995

Commonwealth Technology Research Fund

0951

Department of Accounts-Statewide Activity

997

Drug Offender Access Fund

0953

Department of Alcoholic Beverage Control

999

Enterprise

0500

Department of Alcoholic Beverage Control

999

State Asset Forfeiture Fund

0533


B. If actual general fund transfers in any year exceed the amount shown for “transfers” in the resources available for appropriation from the general fund in the first enactment of this act, the interest earnings retained by the general fund as a result of this provision shall be capped at $11,389,754 the first year and $11,389,754 the second year. Any interest earnings above this amount will be distributed proportionately back to the nongeneral funds shown in this item.


C. Notwithstanding any other provision of law, on or before June 30 of each year, the State Comptroller shall transfer $1,243,189 the first year and $1,243,819 the second year to the general fund, from the College of William and Mary, the University of Virginia, the University of Virginia's College at Wise, Virginia Commonwealth University, Virginia Tech and Virginia Tech Extension for the estimated payments of interest earned on tuition and fees from Educational and General Revenues deposited in the state treasury.