1VAC42-30-70. Nonreverting fund.
A. OSIG will coordinate with the State Comptroller to establish a special nonreverting fund.
B. The fund will be established on the books of the State Comptroller and administered by the State Inspector General.
C. All moneys recovered by an OSIG investigation as a result of whistle blower activity shall be deposited in the fund.
D. Except for the moneys described in subsection F of this section, moneys remaining in the fund at the end of each fiscal year, including interest, shall not revert to the general fund, but shall remain in the fund.
E. Moneys in the fund shall solely be used to:
1. Provide monetary rewards to Commonwealth employees and citizens who have disclosed information of wrongdoing or abuse under the WBPA Program (§ 2.2-3009 et seq. of the Code of Virginia), and the disclosure resulted in a recovery of at least $5,000.
2. Support the administration of the fund, defray fund advertising costs, or subsidize the operation of the hotline.
F. Per the State Inspector General's authorization by the end of each calendar quarter, 85% of all sums recovered by an OSIG investigation will be remitted to the institutions or agencies concerned, unless otherwise directed by a court of law.
Statutory Authority
§ 2.2-3014 of the Code of Virginia.
Historical Notes
Derived from Virginia Register Volume 35, Issue 20, eff. June 27, 2019.