Vermont Statutes Title 6 Sec. 2987
Terms Used In Vermont Statutes Title 6 Sec. 2987
- 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.
- following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
§ 2987. Use of Dairy Promotion Fund
(a) No expense of the Council shall be paid out of any funds of the State except from the Dairy Promotion Fund, which Fund shall be subject at all times to the accounting controls of the State. The Dairy Promotion Fund may be used only for the costs of the collection of taxes imposed under this chapter and for the administration of this chapter, and the State Treasurer shall pay over to the Council upon order of the Council such funds as the Council may require.
(b) [Repealed.]
(c) The balance of the Fund shall be used for promotional and educational purposes, experimental planning, research, advertising, and the necessary compensation and expenses of the Council.
(d) Any balance remaining at the close of any fiscal year shall be carried forward for the same purpose in the following year. (Added 1965, No. 175, § 67; amended 1989, No. 256 (Adj. Sess.), § 7, eff. Jan. 1, 1991; 1991, No. 232 (Adj. Sess.), § 6; 2007, No. 157 (Adj. Sess.), § 13, eff. May 20, 2008; 2021, No. 105 (Adj. Sess.), § 130, eff. July 1, 2022.)