LIS > Budget Bill > Item 472 > 2014 Special Session I

State Corporation Commission (171)

472.	Regulation of Business Practices (55200)	59,562,955	59,295,037

	Corporation Commission Clerk's Services (55203)	11,416,068	10,691,068
	Regulation of Investment Companies, Products and Services (55210)	6,954,104	6,954,104
	Regulation of Financial Institutions (55215)	14,416,560	14,580,440
	Regulation of Insurance Industry (55216)	26,776,223	27,069,425

Fund Sources:	Special	59,562,955	59,295,037

Authority: Article IX, Constitution of Virginia; Title 8.9A, Part 4; Title 12.1, Chapter 4; Title 13.1; Title 55, Chapter 6, Article 6; Title 56, Chapter 15, Article 5; Title 58.1, Chapter 28; Title 59.1, Chapter 6.1, Code of Virginia; Title 13.1, Chapter 3.1; Title 38.2; Title 58.1, Chapter 25; and Title 65.2, Chapter 8, Code of Virginia.

A. Out of this appropriation, the State Corporation Commission is authorized to expend an amount not to exceed $10,000 the first year and $10,000 the second year for the payment of annual membership dues to the National Conference of Insurance Legislators.

B. Out of this appropriation, $2,713,585 the first year and $2,445,667 the second year is designated for replacement of the Clerk’s Information System and business process improvement.

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