30-307 - (Expires July 1, 2011) Virginia Commission on Energy and Environment Fund established.
§ 30-307. (Expires July 1, 2011) Virginia Commission on Energy andEnvironment Fund established.
There is hereby created in the state treasury a special nonreverting fund tobe known as the Virginia Commission on Energy and Environment Fund, hereafterreferred to as the "Fund." The Fund shall be established on the books of theComptroller and shall consist of gifts, grants and donations, bequests,general fund appropriations, or other funds from any source as may bereceived by the Commission for its work. Moneys shall be paid into the statetreasury and credited to the Fund. Interest earned on moneys in the Fundshall remain in the Fund and be credited to it. Any moneys remaining in theFund, including interest thereon, at the end of each fiscal year shall notrevert to the general fund but shall remain in the Fund. Moneys in the Fundshall be used solely for the purpose of enabling the Commission to undertakesuch studies and gather informational data as may be necessary to accomplishits purposes as set forth in this chapter. Expenditures and disbursementsfrom the Fund shall be made by the State Treasurer on warrants issued by theComptroller upon written request of the chairman of the Commission.
(2008, c. 882.)