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1995 SESSION

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LD7703358
HOUSE BILL NO. 1832 House Amendments in [ ] -- February 5, 1995 A BILL to amend and reenact § 19.2-353.5 of the Code of Virginia, relating to interest on fines and costs. ---------- Patrons--Mims; Senator: Calhoun ---------- Referred to Committee for Courts of Justice ----------

Be 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 ninety 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 installment payments pursuant to an order of the court. However, when the unpaid fine or costs, or both, do not exceed $200, an annual interest charge of $4 per $50 shall be imposed for each year or portion thereof during which interest otherwise accrues pursuant to this section. Except as provided herein, in any case in which the unpaid fine or costs, or both, exceed $200, interest shall [ be charged accrue ] at the judgment rate of interest.