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_ 636 Item Details($) Appropriations($) ITEM 475. First Year Second Year First Year Second Year FY2025 FY2026 FY2025 FY2026 INDEPENDENT AGENCIES § 1-134. STATE CORPORATION COMMISSION (171) 475. Regulation of Business Practices (55200) $91,038,949 $91,038,949 $95,094,279 Corporation Commission Clerk's Services (55203) $20,095,371 $20,095,371 $20,648,709 Regulation of Investment Companies, Products and Services (55210) $10,981,861 $10,981,861 $11,345,346 Regulation of Financial Institutions (55215) $20,369,081 $20,369,081 $21,082,470 Regulation of Insurance Industry (55216) $39,592,636 $39,592,636 $42,017,754 Fund Sources: Special $90,338,949 $90,338,949 $94,394,279 Federal Trust $700,000 $700,000 Authority: Article IX, Constitution of Virginia; Title 6.2; Title 8.9A, Part 4; Title 12.1, Chapter 4; Title 13.1; Title 56, Chapter 15, Article 5; Title 58.1, Chapter 28; Title 59.1, Chapter 6.1, Code of Virginia; Title 38.2; Title 58.1, Chapter 25; and Title 65.2, Chapter 8, Code of Virginia. Out of the amounts for this Item, $1,200,000 the first year and $1,200,000 the second year is provided to effectuate the provisions of Chapter 486 of the Acts of Assembly of 2017, which allows the Commission to absorb the credit card and eCheck convenience fees as opposed to passing them on to the filers and also grants the Commission the discretion to not charge a fee for providing copies of certain documents. 476. Regulation of Public Utilities (56300) $35,917,443 $35,917,443 $36,937,220 Regulation of Utility Companies (56301) $35,917,443 $35,917,443 $36,937,220 Fund Sources: Special $33,211,228 $33,211,228 $34,215,328 Dedicated Special Revenue $656,215 $656,215 $671,892 Federal Trust $2,050,000 $2,050,000 Authority: Title 56, Chapter 10, Code of Virginia. 477. Distribution of Fees From and To Regulated Entities and Localities (56400) $9,176,160 $9,176,160 Distribution of Uninsured Motorist Fee (56401) $8,660,064 $8,660,064 Distribution of Rolling Stock Taxes (56402) $516,096 $516,096 Fund Sources: Trust and Agency $9,176,160 $9,176,160 Authority: § 58.1-2652, Code of Virginia. 478. Administrative and Support Services (59900) Authority: Title 12.1, Code of Virginia; Article IV, Section 14 and Article IX, Constitution of Virginia. A. Operational costs for this program shall be paid solely from charges to agency programs. B. Out of the amounts for this Item, shall be paid the annual salary of the chairman, $214,851 from July 1, 2024 to June 30, 2026, and for the other two Commissioners of the State Corporation Commission, each at $212,498 from July 1, 2024 to June 30, 2026. C. Notwithstanding the provisions of § 13.1-775.1, Code of Virginia, the State Corporation Commission shall continue the following annual registration fees for domestic and foreign