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2007 SESSION
077572800Be it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding a section numbered 9.1-401.1 as follows:
§ 9.1-401.1. Line of Duty Disability Fund.
There is hereby created in the Department of the Treasury a special nonreverting fund that shall be known as the Line of Duty Disability Fund (the Fund). The Fund shall consist of deposits pursuant to subsection A of § 15.2-1716 and shall include such other funds as may be appropriated by the General Assembly from time to time and designated for the Fund and all interest, dividends, and appreciation that may accrue thereto. Any moneys remaining in the Fund at the end of any fiscal year shall not revert to the general fund but shall remain in the Fund. The Fund shall be used solely to pay the costs of the benefits provided pursuant to § 9.1-401.
2. That the portions of this bill referring to the deposit of moneys pursuant to subsection A of § 15.2-1716 shall become effective only if the 2007 Session of the General Assembly enacts legislation amending such subsection to provide for the deposit of such moneys.