Missouri Laws 43.265 – Motor vehicle, aircraft, and watercraft revolving fund, purpose — exempt ..
There is hereby created in the state treasury the “Highway Patrol‘s Motor Vehicle, Aircraft, and Watercraft Revolving Fund”, which shall be administered by the superintendent of the highway patrol. All funds received by the highway patrol from:
(1) Any source for purchase and maintenance of highway patrol motor vehicles, watercraft, watercraft motors, and trailers;
Terms Used In Missouri Laws 43.265
- 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.
- Patrol: the Missouri state highway patrol. See Missouri Laws 43.010
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
(2) Any source for reimbursement of costs associated with the official use of highway patrol vehicles;
(3) Any source for restitution for damage to or loss of a highway patrol vehicle or aircraft;
(4) Any other source for the purchase and maintenance of highway patrol aircraft or aircraft parts; and
(5) Government agencies for the reimbursement of costs associated with aircraft flights flown on their behalf by the highway patrol;
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shall be credited to the fund. The state treasurer is the custodian of the fund and shall approve disbursements from the fund subject to appropriation and as provided by law and the constitution of this state at the request of the superintendent of the highway patrol. The balances from this fund shall be used for the purchase and maintenance of highway patrol motor vehicles, highway patrol watercraft, watercraft motors, and trailers, highway patrol aircraft or aircraft parts and operational costs. Prior to obligating any funds for the purchase of an individual unit that costs in excess of one hundred thousand dollars, the highway patrol shall receive a specific appropriation from the general assembly for the particular purchase. Any unexpended balance in the fund at the end of the fiscal year shall be exempt from the provisions of section 33.080 relating to the transfer of unexpended balances to the general revenue fund.