Source: https://budget.lis.virginia.gov/amendment/2005/1/HB1500/Introduced/CA/51/1h/
Timestamp: 2019-04-21 18:30:56
Document Index: 59964683

Matched Legal Cases: ['§ 3', '§ 3', '§ 3', '§ 3', '§ 37', '§ 3']

51#1h (OAG) Consumer Advocacy Revolving Trust Fund. HB1500 - Committee Approved
Bill Order » Item 51 #1h
Consumer Advocacy Revolving Trust Fund
Item 51 #1h
Attorney General and Law, Department Of FY2005 $500,000 FY2006 $500,000 NGF
Page 32, line 40, strike "$1,938,429" and insert "$2,438,429".
Page 32, line 45, strike "$750,000" and insert "$1,250,000".
Page 32, line 46, strike "$750,000" and insert "$1,250,000".
Page 32, line 47, strike "and" and insert ",".
Page 32, line 47, after "Advocacy" insert ", Litigation, and Enforcement".
Page 33, line 2, after "1994" insert, "and amended herein".
Page 33, line 3, after "fees," insert "civil penalties, costs,".
Page 33, line 6, after "litigation", insert:
", litigation in which the Office of the Attorney General participates, or civil enforcement effort including, but not limited to, those brought pursuant to Article 5 (§ 3.1-336.1 et seq.) and Article 6 (§ 3.1-336.3 et seq.) of Chapter 18 of Title 3.1, Code of Virginia. The Department of Law is also authorized to deposit to the Fund any attorneys' fees which from time to time may be obtained."
Page 33, line 9, strike "$750,000" and insert "$1,250,000".
Page 33, line 11, after "fund.", insert:
"In addition to the uses of the Fund permitted by Item 48 of Chapter 966, Acts of Assembly of 1994, the Fund may be used to pay costs associated with enforcement efforts pursuant to Article 5 (§ 3.1-336.1 et seq.) and Article 6 (§ 3.1-336.3 et seq.) of Chapter 18 of Title 3.1, Code of Virginia, costs associated with litigation initiated by the Office of the Attorney General, and costs associated with civil commitment procedures pursuant to Article 1.1 (§ 37.1-70.1 et seq.) of Chapter 2 of Title 37.1, Code of Virginia."
(This amendment increases the amount of special fund dollars deposited in Regulatory and Consumer Advocacy Revolving Trust Fund, as established in Item 48 of Chapter 966, 1994 Acts of Assembly, by $500,000 each year. Language amends the title of the fund, authorizes the Attorney General to deposit into the fund civil penalties, costs, and other items recovered from enforcement, regulatory, and consumer advocacy litigation, and authorizes the deposit of any attorneys' fees received by the Attorney General into the fund. The amendment also authorizes the Attorney General to pay costs and litigation expenses associated with enforcement efforts pursuant to Article 5 (§ 3.1-336.1 et seq., Code of Virginia) and costs associated with civil commitment procedures. The Attorney General will use the fund's proceeds to represent the interests of electricity consumers in Regional Transmission Entity stakeholder processes, cover the costs associated with civil commitment of violent sexual predators, and enforce the tobacco escrow statute, which is necessary to maintain the Commonwealth's revenue stream from the Master Settlement Agreement.)
Regulation of Business Practices (55200) $1,938,429 $1,938,429
Regulatory and Consumer Advocacy (55201) FY2005 $1,938,429 FY2006 $1,938,429
General FY2005 $1,188,429 FY2006 $1,188,429
Special FY2005 $750,000 FY2006 $750,000
A. Included in this Item is $750,000 the first year and $750,000 the second year in special funds for the Regulatory and Consumer Advocacy Revolving Trust Fund as established in Item 48 of Chapter 966 of the Acts of Assembly of 1994. The Department of Law is authorized to deposit to the Fund any fees, recoveries, or other moneys which from time to time may become available as a result of regulatory and consumer advocacy litigation. Any deposit to, and interest earnings on, the Fund shall be retained in the Fund, provided, however, that any amounts contained in the Fund which exceed $750,000 on the final day of the fiscal year shall be deposited to the credit of the general fund.
B. The Office of the Attorney General shall provide office space and associated support services to the Human Rights Council, which shall be located within such space as is allocated by the Department of General Services to the Office of the Attorney General. The cost of such office space and support services shall be borne by the Office of the Attorney General. The Human Rights Council shall maintain its status as an independent agency of the Executive Branch within the Secretariat of Administration.