California Constitution > Article XIX B – Motor Vehicle Fuel Sales Tax Revenues and Transportation Improvement Funding
| § 1 | The Legislature shall not borrow revenues from the Transportation … |
| § 2 | (a) For the 2003-04 fiscal year and each fiscal year thereafter, all … |
Terms Used In California Constitution > Article XIX B - Motor Vehicle Fuel Sales Tax Revenues and Transportation Improvement Funding
- 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
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Statute: A law passed by a legislature.