(a)  Any time during a fiscal year that any principal feels that the recommendations of the revenue estimating conference are no longer valid, then that principal, with appropriate notice, may convene a revenue estimating conference. The principal requesting the additional conference shall be the chairperson for that conference.

Terms Used In Rhode Island General Laws 35-16-3

  • 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)  If at any time during a fiscal year any participant feels that the recommendations of the revenue estimating conference are no longer valid with respect to their revenue sources then that participant has a duty to and shall notify each of the principals.

History of Section.
P.L. 1990, ch. 65, art. 49, § 1; P.L. 1990, ch. 407, § 1; P.L. 1998, ch. 31, art. 19, § 1.