SB 643 - Scott, Delbert
Establishes the "State Fair Escrow Fund"
Bill Details
Sponsor
LR Number
3466S.01P
Title
SB 643
House Handler
Journal Page
N/A
Effective Date
August 28, 2006
Current Status
H Calendar S Bills for Third Reading
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 643 - The act creates the State Fair Escrow Fund to be maintained by the State Fair Commission. Monies from fair ticket sales shall be deposited into the fund and any gifts, grants, contributions, or monies from sponsorships may be deposited in the fund as well. The money is to be used for paying all entertainment and contract costs associated with the fair.
The fund shall be retained outside the control of the state treasury and shall not be transferred to the general revenue. The unexpended balance in the fund at the end of each calendar year shall not exceed the preceding year's expenditures for entertainment and contract costs.
MEGAN WORD