Section 42. No start-up or maintenance and operation funds for the entities established in sections thirty-eight to forty-one, inclusive, shall be appropriated in any fiscal year from the Toxics Use Reduction Fund established in section two K of chapter twenty-nine. Said entities may receive grants from public and private sources, may impose fees, and may collect and retain revenue from fees and grants to defray the costs of their services and programs. All monies appropriated to the entities or received through grants, contracts, fees, gifts, bequests, and other sources shall be administered by the University of Massachusetts.

Terms Used In Massachusetts General Laws ch. 75 sec. 42

  • 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.