Terms Used In Maine Revised Statutes Title 2 Sec. 3

  • 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.
The “Governor-elect’s Expense Account” is a continuing reserve to which must be credited the sum of $5,000. At the close of each fiscal year there must be transferred from unappropriated surplus an amount sufficient to restore the expense account to $5,000. [PL 2019, c. 475, §10 (AMD).]
This appropriation must be available for expenditure by the Governor-elect at the Governor-elect’s discretion after the Governor-elect has been elected to, but prior to being sworn in to, that Governor-elect’s first term in office. This account is not subject to audit, except as to total amount to be paid. [PL 2019, c. 475, §10 (AMD).]
SECTION HISTORY

PL 1973, c. 509, §1 (AMD). PL 2019, c. 475, §10 (AMD).