Tuesday, October 7, 2008
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HB515: Incarceration; waiving interest during period thereof.

HOUSE BILL NO. 515
Offered January 9, 2008
Prefiled January 7, 2008
A BILL to amend and reenact § 19.2-353.5 of the Code of Virginia, relating to abatement of interest during incarceration.
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Patron-- Dance
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Committee Referral Pending
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Be it enacted by the General Assembly of Virginia:

1.  That § 19.2-353.5 of the Code of Virginia is amended and reenacted as follows:

§ 19.2-353.5. Interest on fines and costs.

No interest shall accrue on any fine or costs imposed in a criminal case or in a case involving a traffic infraction for a period of forty 40 days from the date of the final judgment imposing such fine or costs or during any period the defendant is incarcerated as a result of that case. In no event shall interest accrue in such cases during any period in which a fine, costs, or both a fine and costs are being paid in deferred or installment payments pursuant to an order of the court. Whenever interest on any unpaid fine or costs accrues, it shall accrue at the judgment rate of interest set forth in § 6.1-330.54. For good cause shown, the court may waive interest on unpaid fines and costs that accrued during any period the defendant was incarcerated prior to July 1, 2008.

Additional Data

Explanation

This is the actual text of the bill — the legislation itself. Generally this is amending existing law, proposing the addition or removal of words from laws that are already on the books.

Words that are highlighted in yellow are proposed additions, and words that are crossed out in red are proposed removals.

The numbers with the § symbol before them are references to existing laws, and if you click on them they’ll take you to that part of the law on the state's website.