Vermont Statutes Title 24 Sec. 4677
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Terms Used In Vermont Statutes Title 24 Sec. 4677
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Bank: means the Vermont Bond Bank established by section 4571 of this title. See
- General Fund: means the fund established under section 4676 of this title. See
§ 4677. Operating expenses
No amount may be paid out of the General Fund or from any account therein, which account the Bank may establish therein for the purpose of payment of its operating expenses, for operating expenses of the Bank in any year in excess of the amount provided for the operating expenses of the Bank by the annual budget then in effect with respect to that year or any amendment thereof in effect at the time of the payment. (Added 1969, No. 216 (Adj. Sess.), § 3, eff. March 27, 1970.)