Ohio Code 131.56 – Post-2007 fund appropriations not to exceed limitations
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The general assembly shall not make aggregate general revenue fund appropriations for a fiscal year that exceed the state appropriation limitation determined for the respective fiscal year under section 107.033 of the Revised Code.
Terms Used In Ohio Code 131.56
- 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.
- state: means the state of Ohio. See Ohio Code 1.59
Last updated November 8, 2023 at 4:10 PM