California Statutes
§ 7104.3. — 7104.3. (Repealed and added by Stats. 2013, Ch. 35, Sec. 9.)
California·Code RTC Revenue and Taxation Code - RTC·Div. 2. DIVISION 2. OTHER TAXES·Part 1. PART 1. SALES AND USE TAXES·Ch. 9. CHAPTER 9. Disposition of Proceeds
(a)Notwithstanding any other provision of law, upon order of the Department of Finance, all or some of the state agencies collecting revenue for, or spending from, the Transportation Investment Fund shall adjust budgeting, accounting, and reporting systems and documents so that unliquidated encumbrances, payables, and other accruals are not reflected in the fund balance in the Governor’s Budget fund
condition display or the fund balance in the financial statements submitted to the Controller for the budgetary-legal basis annual report.
(b)For the purposes of the Governor’s Budget, the balance of cash advanced from the Transportation Investment Fund to the Transportation Revolving Account, as jointly determined by the Department of Finance and the state agencies referenced in subdiv
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California § 7104.3. (7104.3. (Repealed and added by Stats. 2013, Ch. 35, Sec. 9.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Repealed and added by Stats. 2013, Ch. 35, Sec. 9. (SB 85) Effective June 27, 2013.