Nevada Revised Statutes 293.442 – Election Account: Creation; deposit of money in Account; disposition of interest and income; authority of Secretary of State to disburse, expend and receive money; payment of claims
1. As used in this section, ‘Act’ means the Help America Vote Act of 2002, Public Law 107-252.
Terms Used In Nevada Revised Statutes 293.442
- 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.
- Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
2. The Election Account is hereby created in the State General Fund, to be administered by the Secretary of State. The Secretary of State shall deposit all money received pursuant to the Act and any state appropriation of matching money pursuant to the Act in the Election Account.
3. The interest and income earned on money in the Election Account must be credited to the Account. Any balance of the money that was received pursuant to the Act remaining in the Election Account at the end of a fiscal year does not revert and must be carried forward to the next fiscal year and is continuously available to the Secretary of State for expenditure consistent with this section.
4. The Secretary of State may:
(a) Only expend or disburse money in the Election Account in accordance with the provisions of the Act.
(b) Receive and disburse money in the Election Account by electronic transfer.
5. Claims against the Election Account must be paid as other claims against the State are paid.