                                 CODE OF VIRGINIA

VIRGINIA HEALTH CARE CAREER AND TECHNICAL TRAINING AND EDUCATION FUND (§
2.2-2040.1)

There is hereby created in the state treasury a special nonreverting fund to be
known as the Virginia Health Care Career and Technical Training and Education
Fund, referred to in this section as &#8220;the Fund.&#8221; The Fund shall be
established on the books of the Comptroller. All funds appropriated for such
purpose and any gifts, donations, grants, bequests, and other funds received on
its behalf 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. The Fund shall be administered by the Director of the Department of
Workforce Development and Advancement. Moneys in the Fund shall be used solely
for the purposes of supporting the mission of the Virginia Health Workforce
Development Authority, as described in § 32.1-122.7. 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 Director of the
Department of Workforce Development and Advancement.

HISTORY: 2024, cc. 754, 761.