South Carolina Code 2-7-120. Designation of non-recurring or one-time expenditures in budget recommendations and general appropriations bills
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In South Carolina Code 2-7-120
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
Whenever the General Assembly appropriates funds for nonrecurring or one-time expenditures, the appropriation must be listed in a separate program entitled "Nonrecurring Appropriation". The Governor, when making annual budget recommendations, shall identify in a separate marking "Nonrecurring Appropriations" all nonrecurring or one-time expenditures.