                                 CODE OF VIRGINIA

ORGANIZED RETAIL CRIME FUND; REPORT (§ 2.2-511.2)

There is hereby created in the state treasury a special nonreverting fund to be
known as the Organized Retail Crime 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. Moneys in the Fund
shall be used solely for the purposes of awarding grants to attorneys for the
Commonwealth and law-enforcement agencies to investigate, indict, and prosecute
violations of organized retail theft and associated fraud and property crimes.
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 Attorney General.
		The Attorney General shall establish guidelines and procedures for the proper
administration of the Fund including eligibility requirements and procedures for
filing a grant application. The Attorney General shall submit an annual report
to the General Assembly summarizing the activities of the Fund.

HISTORY: 2023, cc. 357, 358.