Louisiana Revised Statutes 39:461.8 – Allocation from state general fund
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Terms Used In Louisiana Revised Statutes 39:461.8
- 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.
An amount sufficient to pay indebtedness incurred during the preceding fiscal year under the authority of Article VII, Section 7 of thethe Louisiana Constitution shall be allocated, as a first priority, each year from the state general fund.
Added by Acts 1982, No. 502, §3.