Be it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding a section numbered 15.2-2510.1 as follows:
§15.2-2510.1. Register of funds expended; required posting.
Every locality with a population greater than 25,000 and each school division with greater than 5,000 students shall post quarterly on the public government website of such locality or school division a register of all funds expended, showing vendor name, date of payment, amount, and a description of the type of expense, including credit card purchases with the same information to the extent that the information is available. A locality and school division may exclude from such posting (i) any information that is exempt from mandatory disclosure under the Virginia Freedom of Information Act (§2.2-3700 et seq.), [ or as otherwise specifically provided by law, ]
(ii) any personal identifying information related to a
court-ordered payment, [ and ] (iii) any information
related to undercover law-enforcement officers [ , and (iv) any
information related to a settlement or contract that contains a confidentiality
clause ] .
2. That the provisions of this act shall become effective on July 1, 2020.