Rhode Island General Laws 40-8.15-5. Economic aspects of contract subject to legislative appropriation
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Any aspects of a contract requiring appropriation by the federal government, the general assembly, or revisions to statutes or regulations shall be subject to passage of those appropriations and any necessary statutory and regulatory revisions.
History of Section.
P.L. 2018, ch. 106, § 2; P.L. 2018, ch. 110, § 2.
Terms Used In Rhode Island General Laws 40-8.15-5
- 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.