2025 Session
Last amended: 1990 session
§ 16A.631 — Bond Proceeds Fund
Plain-Language Summary
Establishes the general fund expenditure forecast and planning estimates.
16A.631 BOND PROCEEDS FUND.
The bond proceeds fund is established to receive the proceeds of state bonds issued under the constitution, article XI, section 5, clause (a). The commissioner shall establish in the fund accounts having titles that reflect the state purpose or program for which the bond proceeds are appropriated and authorized to be expended.
History:
1984 c 597 s 33; 1Sp1986 c 3 art 1 s 4; 1989 c 271 s 4; 1990 c 610 art 1 s 33
History: History: 1984 c 597 s 33; 1Sp1986 c 3 art 1 s 4; 1989 c 271 s 4; 1990 c 610 art 1 s 33
Practical Notes
Provides the legislature with projected spending levels for budget planning purposes.