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2008 SESSION
088510304Be it enacted by the General Assembly of Virginia:
1. That § 19.2-353.5 of the Code of Virginia is amended and reenacted as follows:
§ 19.2-353.5. Interest on fines and costs.
No interest shall accrue on any fine or costs imposed in a
criminal case or in a case involving a traffic infraction for a period of forty 40
days from the date of the final judgment imposing such fine or costs or during
any period the defendant is incarcerated as a result of that
case. In no event shall interest accrue in such cases during any
period in which a fine, costs, or both a fine and costs are being paid in
deferred or installment payments pursuant to an order of the court. Whenever
interest on any unpaid fine or costs accrues, it shall accrue at the judgment
rate of interest set forth in § 6.1-330.54. For good cause shown,
the court may waive interest on unpaid fines and costs that accrued during any period
the defendant was incarcerated prior to July 1, 2008.