State Codes and Statutes

Statutes > Virginia > Title-2-2 > Chapter-32 > 2-2-3205

§ 2.2-3205. Costs associated with this chapter; payment.

A. The terminating agency shall pay all costs associated with the provisionsof this chapter within the twelve months following the date of an employee'sinvoluntary separation, or within such shorter period as may be required. Thecosts shall be paid first from appropriations available to the terminatingagency. If such sums are insufficient, then, if the agency's governingauthority certifies that the agency is unable to pay the costs when due fromappropriations available to the terminating agency without affecting theagency's ability to deliver essential services, aid to localities, or aid toindividuals, the State Treasurer shall make a treasury loan to the agency tobe used to finance the unsatisfied balance of the agency's obligations.

B. As used in this section, the "governing authority" shall mean (i) for anagency in the executive branch, the Governor or his designee; (ii) for anagency in the judicial branch, the Supreme Court of Virginia; (iii) and foran agency in the legislative branch or an independent agency, the appropriatecollegial body.

C. Any treasury loan made pursuant to subsection A shall be repaid by theagency in the following order: (i) first, from unexpended fund balancesavailable to the agency; (ii) next, from the unexpended year-end balances,less mandated uses as set out in the appropriation act, of all other stateagencies and institutions in the terminating agency's branch of government(i.e., judicial, legislative, or executive); and (iii) finally, from suchappropriations as the General Assembly may provide for such purpose. Inbudgeting for the payment of these costs, the general fund shall bear itsactual share of such costs.

(1995, cc. 152, 811, § 2.1-116.25; 2001, c. 844.)

State Codes and Statutes

Statutes > Virginia > Title-2-2 > Chapter-32 > 2-2-3205

§ 2.2-3205. Costs associated with this chapter; payment.

A. The terminating agency shall pay all costs associated with the provisionsof this chapter within the twelve months following the date of an employee'sinvoluntary separation, or within such shorter period as may be required. Thecosts shall be paid first from appropriations available to the terminatingagency. If such sums are insufficient, then, if the agency's governingauthority certifies that the agency is unable to pay the costs when due fromappropriations available to the terminating agency without affecting theagency's ability to deliver essential services, aid to localities, or aid toindividuals, the State Treasurer shall make a treasury loan to the agency tobe used to finance the unsatisfied balance of the agency's obligations.

B. As used in this section, the "governing authority" shall mean (i) for anagency in the executive branch, the Governor or his designee; (ii) for anagency in the judicial branch, the Supreme Court of Virginia; (iii) and foran agency in the legislative branch or an independent agency, the appropriatecollegial body.

C. Any treasury loan made pursuant to subsection A shall be repaid by theagency in the following order: (i) first, from unexpended fund balancesavailable to the agency; (ii) next, from the unexpended year-end balances,less mandated uses as set out in the appropriation act, of all other stateagencies and institutions in the terminating agency's branch of government(i.e., judicial, legislative, or executive); and (iii) finally, from suchappropriations as the General Assembly may provide for such purpose. Inbudgeting for the payment of these costs, the general fund shall bear itsactual share of such costs.

(1995, cc. 152, 811, § 2.1-116.25; 2001, c. 844.)


State Codes and Statutes

State Codes and Statutes

Statutes > Virginia > Title-2-2 > Chapter-32 > 2-2-3205

§ 2.2-3205. Costs associated with this chapter; payment.

A. The terminating agency shall pay all costs associated with the provisionsof this chapter within the twelve months following the date of an employee'sinvoluntary separation, or within such shorter period as may be required. Thecosts shall be paid first from appropriations available to the terminatingagency. If such sums are insufficient, then, if the agency's governingauthority certifies that the agency is unable to pay the costs when due fromappropriations available to the terminating agency without affecting theagency's ability to deliver essential services, aid to localities, or aid toindividuals, the State Treasurer shall make a treasury loan to the agency tobe used to finance the unsatisfied balance of the agency's obligations.

B. As used in this section, the "governing authority" shall mean (i) for anagency in the executive branch, the Governor or his designee; (ii) for anagency in the judicial branch, the Supreme Court of Virginia; (iii) and foran agency in the legislative branch or an independent agency, the appropriatecollegial body.

C. Any treasury loan made pursuant to subsection A shall be repaid by theagency in the following order: (i) first, from unexpended fund balancesavailable to the agency; (ii) next, from the unexpended year-end balances,less mandated uses as set out in the appropriation act, of all other stateagencies and institutions in the terminating agency's branch of government(i.e., judicial, legislative, or executive); and (iii) finally, from suchappropriations as the General Assembly may provide for such purpose. Inbudgeting for the payment of these costs, the general fund shall bear itsactual share of such costs.

(1995, cc. 152, 811, § 2.1-116.25; 2001, c. 844.)