Montana § 17-8-105 Definitions Applicable To Expenditure Limitation

Montana Statutes

§ 17-8-105 — Definitions Applicable To Expenditure Limitation

Montana·Title 17 STATE FINANCE·Ch. 8 DISBURSEMENT AND EXPENDITURE·Part 1 Limits on Disbursements and Expenditures

17-8-105 . Definitions applicable to expenditure limitation. As used in 17-8-106 , the following definitions apply:

(1)"Montana total personal income" means the current income from all sources received during a particular period of time by persons residing within Montana as determined by the United States department of commerce or its successor agency.

(2)"State expenditures" means the general fund appropriations, the special revenue fund type appropriations, and the cash portion of the appropriations in the capital projects fund type, excluding:

(a)money received from the federal government;

(b)payments of principal and interest on bonded indebtedness;

(c)money paid for unemployment or disability insurance benefits;

(d)money received from the sale of goods or services provided that

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17-8-105 . Definitions applicable to expenditure limitation. As used in 17-8-106 , the following definitions apply:
(1) "Montana total personal income" means the current income from all sources received during a particular period of time by persons residing within Montana as determined by the United States department of commerce or its successor agency.
(2) "State expenditures" means the general fund appropriations, the special revenue fund type appropriations, and the cash portion of the appropriations in the capital projects fund type, excluding:
(a) money received from the federal government;
(b) payments of principal and interest on bonded indebtedness;
(c) money paid for unemployment or disability insurance benefits;
(d) money received from the sale of goods or services provided that the purchase of the goods or services is discretionary;
(e) money paid from permanent endowments, constitutional trusts, or pension funds;
(f) proceeds of gifts or bequests made for purposes specified by the donor;
(g) money appropriated for tax relief; and
(h) funds transferred within state government or used to purchase goods for resale.

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