A. The state fleet operations fund is established consisting of monies received from agencies to pay the costs of fleet operation services pursuant to section 28-472 and from legislative appropriations.

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Terms Used In Arizona Laws 28-475

  • 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
  • Department: means the department of transportation acting directly or through its duly authorized officers and agents. See Arizona Laws 28-101
  • Fleet operation services: means any of the following that the department provides to an agency:

    (a) Motor vehicles that are owned, leased or rented by this state and that the department provides for transporting state officers and employees. See Arizona Laws 28-471

  • State: means a state of the United States and the District of Columbia. See Arizona Laws 28-101

B. The department shall administer the fund. Monies in the fund are subject to legislative appropriation and are exempt from the provisions of section 35-190 relating to lapsing of appropriations. On notice from the department, the state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the fund.