| << Previous Section (63J-3-204) | Next Section (63J-3-301) >> |
Budgeting | |
State Appropriations and Tax Limitation Act | |
Section 205 | Money excluded from the limitation. |
|
63J-3-205. Money excluded from the limitation. Money from the following sources is excluded from the revenues appropriated and used in determining a limitation: (1) money received from the government of the United States including federal mineral lease payments; (2) money received by the state from another unit of government, except the proceeds of taxes, fees, or penalties imposed by the state and collected by the other unit of government; (3) money derived from the issuance of, or to pay interest, principal, or redemption premiums on, any security; (4) money received from the sale of fixed assets or gains on fixed asset transfers; (5) the proceeds of contracts, grants, gifts, donations, and bequests made to the state for a purpose specified by the contractor or donor; (6) user charges derived by the state from the sale of a product or service pledged or legally available to repay any security or for which the quantity of the product or level of service provided to a user is at the discretion of the user; and (7) money raised to meet fiscal emergencies.
Amended by Chapter 342, 2011 General Session |
| << Previous Section (63J-3-204) | Next Section (63J-3-301) >> |