The following shall be deposited into the Fund:
(1) All grants and revenues received by the Commission, including those received pursuant to § 3-1354(10).
(2) Fines paid for violations of § 31-2413(a). The maximum amount of fines deposited into the Fund from this paragraph shall be $275,000 in fiscal year 2009, $750,000 in fiscal year 2010, $1 million in fiscal year 2011, and increased annually, beginning in fiscal year 2012, by 5%.
(3) All interest earned on the deposits of the Fund.
CREDIT(S)
(July 18, 2008, D.C. Law 17-197, § 8, 55 DCR 6277; Aug. 16, 2008, D.C. Law 17-219, § 3018, 55 DCR 7598.)
HISTORICAL AND STATUTORY NOTES
Effect of Amendments
D.C. Law 17-219, in par. (2), inserted “The maximum amount of fines deposited into the Fund from this paragraph shall be $275,000 in fiscal year 2009, $750,000 in fiscal year 2010, $1 million in fiscal year 2011, and increased annually, beginning in fiscal year 2012, by 5%.”
Legislative History of Laws
For Law 17-197, see notes following § 3-1351.
For Law 17-219, see notes following § 3-1213.01.
Miscellaneous Notes
Short title: Section 3017 of D.C. Law 17-219 provided that subtitle H of title III of the act may be cited as the “Motor Vehicle Theft Prevention Commission Annual Maximum Appropriations Amendment Act of 2008”.