Terms Used In Vermont Statutes Title 32 Sec. 956

  • 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

§ 956. Time available

Unless otherwise specifically provided as to any particular appropriation to be raised by the issue of bonds, provisions of law relating to the lapse of unexpended appropriations shall not apply. (Added 1959, No. 24, § 6, eff. March 10, 1959.)