SB775: Incarcerated defendant; waiver of payment of interest on fines and costs for certain cases.

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. Interest on fines and costs imposed by judgments in other criminal cases or cases involving a traffic infraction that have accrued for any period the defendant was incarcerated shall be purged upon submission to the court of documentation establishing such incarceration using a form prepared by the Office of the Executive Secretary of the Supreme Court. 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 6.2-302.