STATE SURVEY AND REMONUMENTATION ACT (EXCERPT) Act 345 of 1990
54.271 State survey and remonumentation fund generally.
Sec. 11.
(1) The state survey and remonumentation fund is created in the state treasury as a separate fund. The fund shall be administered by the commission.
(2) Money deposited in the fund, and all interest and earnings generated by the fund, except as otherwise provided in this section, shall not lapse at the end of a fiscal year, but shall remain in the fund to be expended as provided in this act. For the fiscal year ending September 30, 2006 only, $15,000,000.00 of the unreserved balance in the fund shall be deposited in the state general fund.
(3) The fund may accept funds received as gifts or donations, or funds received from individuals or corporations to be used for purposes of this act.
(4) The commission may direct the department of treasury to establish restricted subaccounts within the fund as necessary to administer the fund.
(5) In addition to any other appropriation, it is the intent of the legislature that this state appropriate an amount from the general fund to the fund equal to the difference between the amount deposited into the fund in the fiscal year and the following amounts for the following fiscal years:
(a) $10,134,000.00 in the 2005-2006 fiscal year.
(b) $11,134,000.00 in the 2006-2007 and the 2007-2008 fiscal years.
(6) Subsection (5) only applies if the amount deposited into the fund is less than $10,134,000.00 in the 2005-2006 fiscal year and $11,134,000.00 in the 2006-2007 and the 2007-2008 fiscal years.
STATE SURVEY AND REMONUMENTATION ACT (EXCERPT) Act 345 of 1990
54.271 State survey and remonumentation fund generally.
Sec. 11.
(1) The state survey and remonumentation fund is created in the state treasury as a separate fund. The fund shall be administered by the commission.
(2) Money deposited in the fund, and all interest and earnings generated by the fund, except as otherwise provided in this section, shall not lapse at the end of a fiscal year, but shall remain in the fund to be expended as provided in this act. For the fiscal year ending September 30, 2006 only, $15,000,000.00 of the unreserved balance in the fund shall be deposited in the state general fund.
(3) The fund may accept funds received as gifts or donations, or funds received from individuals or corporations to be used for purposes of this act.
(4) The commission may direct the department of treasury to establish restricted subaccounts within the fund as necessary to administer the fund.
(5) In addition to any other appropriation, it is the intent of the legislature that this state appropriate an amount from the general fund to the fund equal to the difference between the amount deposited into the fund in the fiscal year and the following amounts for the following fiscal years:
(a) $10,134,000.00 in the 2005-2006 fiscal year.
(b) $11,134,000.00 in the 2006-2007 and the 2007-2008 fiscal years.
(6) Subsection (5) only applies if the amount deposited into the fund is less than $10,134,000.00 in the 2005-2006 fiscal year and $11,134,000.00 in the 2006-2007 and the 2007-2008 fiscal years.
STATE SURVEY AND REMONUMENTATION ACT (EXCERPT) Act 345 of 1990
54.271 State survey and remonumentation fund generally.
Sec. 11.
(1) The state survey and remonumentation fund is created in the state treasury as a separate fund. The fund shall be administered by the commission.
(2) Money deposited in the fund, and all interest and earnings generated by the fund, except as otherwise provided in this section, shall not lapse at the end of a fiscal year, but shall remain in the fund to be expended as provided in this act. For the fiscal year ending September 30, 2006 only, $15,000,000.00 of the unreserved balance in the fund shall be deposited in the state general fund.
(3) The fund may accept funds received as gifts or donations, or funds received from individuals or corporations to be used for purposes of this act.
(4) The commission may direct the department of treasury to establish restricted subaccounts within the fund as necessary to administer the fund.
(5) In addition to any other appropriation, it is the intent of the legislature that this state appropriate an amount from the general fund to the fund equal to the difference between the amount deposited into the fund in the fiscal year and the following amounts for the following fiscal years:
(a) $10,134,000.00 in the 2005-2006 fiscal year.
(b) $11,134,000.00 in the 2006-2007 and the 2007-2008 fiscal years.
(6) Subsection (5) only applies if the amount deposited into the fund is less than $10,134,000.00 in the 2005-2006 fiscal year and $11,134,000.00 in the 2006-2007 and the 2007-2008 fiscal years.
