§ 300 Declaration of policy
§ 301 Definitions
§ 302 Application for assistance
§ 303 State appropriation
§ 304 Project grant procedure
§ 305 Reimbursement of state overpayments
§ 306 Progress reporting

Terms Used In New York Laws > Transportation > Article 13 - Mass Transportation

  • 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
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • 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.