Arizona Laws 49-132. Emergency response fund
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The emergency response fund is established consisting of monies appropriated by the legislature for purposes of this article and federal, private and other monies available for that purpose. The department shall manage the fund and expend monies in the fund in performing the functions required or authorized by this article. All interest earned from investing monies in the fund shall be credited to the fund. Monies in the fund are subject to legislative appropriation and are exempt from section 35-190 relating to lapsing of appropriations.
Terms Used In Arizona Laws 49-132
- 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