Missouri Laws 256.635 – Audit of division — groundwater protection fund, purpose
1. The state auditor shall audit the financial transactions of the division in connection with the administration of sections 256.600 to 256.640.
2. All money collected by the division under the provisions of sections 256.600 to 256.640 shall be deposited in the state treasury to the credit of a special fund hereby established to be known as the “Groundwater Protection Fund”. Moneys in the fund shall be expended only for the purposes of administering sections 256.600 to 256.640. Notwithstanding the provisions of section 33.080, any balance remaining in the fund at the end of an appropriation period shall not be transferred to general revenue, except that should there be a balance remaining in the fund at the end of an appropriation period exceeding one-half of the next year’s projected operating budget for administration of sections 256.600 to 256.640, the amount exceeding one-half of the next year’s projected budget shall be transferred to the general revenue fund.
Terms Used In Missouri Laws 256.635
- 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
- following: when used by way of reference to any section of the statutes, mean the section next preceding or next following that in which the reference is made, unless some other section is expressly designated in the reference. See Missouri Laws 1.020
- 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
3. Any balance in the water well drillers’ fund on August 28, 1997, shall be transferred to the groundwater protection fund on that date, and following such transfer, the water well drillers’ fund shall be abolished.