§ 63J-1-102. Definitions.  


Latest version.
  • (1) "Dedicated credits" means collections by an agency that are deposited directly into an account for expenditure on a separate line item and program.
    (2) "Federal revenues" means collections by an agency from a federal source that are deposited into an account for expenditure on a separate line item and program.
    (3) "Fixed collections" means collections that are:
    (a) fixed at a specific amount by law or by an appropriation act; and
    (b) required to be deposited into a separate line item and program.
    (4) "Free revenue" includes:
    (a) collections that are required by law to be deposited in:
    (i) the General Fund;
    (ii) the Education Fund;
    (iii) the Uniform School Fund; or
    (iv) the Transportation Fund;
    (b) collections that are not otherwise designated by law;
    (c) collections that are not externally restricted; and
    (d) collections that are not included in an approved work program.
    (5) "Major revenue types" means:
    (a) free revenue;
    (b) restricted revenue;
    (c) dedicated credits; and
    (d) fixed collections.
    (6) "Restricted revenue" means collections that are:
    (a) deposited, by law, into a separate fund, subfund, or account; and
    (b) designated for a specific program or purpose.
Enacted by Chapter 183, 2009 General Session
Enacted by Chapter 368, 2009 General Session