2.2-507.2 - Youth Internet Safety Fund established. - Virginia Statutes

§ 2.2-507.2. Youth Internet Safety Fund established.

There is hereby created in the state treasury a special nonreverting fund tobe known as the Youth Internet Safety Fund, hereafter referred to as "theFund." The Fund shall be established on the books of the Comptroller. Allmoney as may be appropriated by the General Assembly and any gifts, bequests,grants, or donations shall be paid into the state treasury and credited tothe Fund. Interest earned on moneys in the Fund shall remain in the Fund andbe credited to it. Any moneys remaining in the Fund, including interestthereon, at the end of each fiscal year shall not revert to the general fundbut shall remain in the Fund. Moneys in the Fund shall be used solely for thepurposes of education, public awareness, and other activities to promote thesafe and secure use of the Internet. Unless otherwise restricted by the termsof the gift or bequest, the Attorney General may direct the sale, exchange,or other disposition of such gifts and bequests. Expenditures anddisbursements from the Fund shall be made by the State Treasurer on warrantsissued by the Comptroller upon written request signed by the Attorney General.

(2007, c. 309.)