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Code of Virginia (Last Updated:July 28, 2020) |
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TITLE 2.2. Administration of Government |
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SUBTITLE I. Organization of State Government |
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PART C. State Agencies Related to the General Operation of Government |
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CHAPTER 18. Department of the Treasury |
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ARTICLE 4. Revenue Stabilization Fund |
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SECTION 2.2-1828. Creation of Revenue Stabilization Fund |
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There is established a fund to be known as the Revenue Stabilization Fund (the "Fund") for the stabilization of the expected revenues of the Commonwealth. The Fund shall be available to offset, in part, anticipated shortfalls in revenues when appropriations based on previous forecasts exceed expected revenues in subsequent forecasts. 1992, c. 316, § 2.1-191.1; 2001, c. 844 . |