It shall be the duty and function of the Fiscal Division to provide to the Committees on Ways and Means of the House and to the Committees on Finance and Taxation of the Senate information that will assist the committees in the discharge of all matters within their jurisdictions, including:

(1) Information with respect to the budget, appropriation bills, and other bills authorizing or providing budget authority or tax expenditures.

Terms Used In Alabama Code 29-5A-43

  • 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
  • Budget authority: Authority provided by law to enter into obligations that will result in outlays of Federal funds. Budget authority may be classified by the period of availability (one-year, multiyear, no-year), by the timing of congressional action (current or permanent), or by the manner of determining the amount available (definite or indefinite).
(2) Information with respect to revenues, receipts, estimated future revenues and receipts, and changing revenue conditions.
(3) Such related information as the committees may request.
  Previous section
Next section  
 Article 3 Contents