Arizona Laws 40-409. Disposition of residential utility consumer assessment proceeds; residential utility consumer office revolving fund; exemption from lapsing
A. The residential utility consumer office revolving fund is established.
Terms Used In Arizona Laws 40-409
- 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
- Commission: means the corporation commission. See Arizona Laws 40-201
- 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.
B. All monies received by the commission under the provisions of Section 40-401.01 shall be deposited, pursuant to sections 35-146 and 35-147, in the residential utility consumer office revolving fund.
C. Monies in the residential utility consumer office revolving fund shall be used, subject to legislative appropriation, to operate the residential utility consumer office pursuant to article 11 of this chapter.
D. Monies in the residential utility consumer office revolving fund do not revert to the state general fund pursuant to section 35-190.
E. Monies not appropriated or expended from the residential utility consumer office revolving fund at the end of the fiscal year shall be used to calculate the annual residential utility consumer assessment prescribed in Section 40-401.01.
F. The residential utility consumer office shall not use any monies from the residential utility consumer office revolving fund unless such monies are appropriated by the legislature.