CODE OF VIRGINIA

(EXPIRES JULY 1, 2019) COMMISSION ON ECONOMIC OPPORTUNITY FOR VIRGINIANS IN
ASPIRING AND DIVERSE COMMUNITIES FUND (§ 30-366)

There is hereby created in the state treasury a special nonreverting fund to be
known as the Commission on Economic Opportunity for Virginians in Aspiring and
Diverse Communities Fund, referred to in this section as “the Fund.”
The Fund shall be established on the books of the Comptroller. All moneys,
gifts, grants, donations, bequests, or other funds from any source as may be
received by the Commission for its work shall be paid into the state treasury
and credited to the Fund. Interest earned on moneys in the Fund shall remain in
the Fund and be credited to it. Any moneys remaining in the Fund, including
interest thereon, at the end of each fiscal year shall not revert to the general
fund but shall remain in the Fund. Moneys in the Fund shall be used solely for
the purposes of enabling the Commission to perform its duties. Expenditures and
disbursements from the Fund shall be made by the State Treasurer on warrants
issued by the Comptroller upon written request signed by the chairman of the
Commission.

HISTORY: 2016, c. 650.