Montana Code 17-7-150. Definitions
17-7-150. Definitions. As used in 17-7-151, the following definitions apply:
Terms Used In Montana Code 17-7-150
- 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
- Fiduciary: A trustee, executor, or administrator.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
(1)”Current biennium” means the biennium during which the legislature is meeting in regular session.
(2)”Next biennium” means the biennium for which the regular session of the legislature makes appropriations.
(3)(a) “State resources” means:
(i)the general fund;
(ii)state special revenue funds other than private funds;
(iii)federal special revenue funds;
(iv)proprietary funds that require an appropriation;
(v)identified fund transfers to nonstate resources, not including the debt service fund type; and
(vi)the capital projects fund type.
(b)The term does not include:
(i)the debt service fund type;
(ii)fund transfers among state resources or from state resources to the debt service fund type;
(iii)higher education funds;
(iv)permanent funds;
(v)noncash accounting entries; and
(vi)the fiduciary fund category.