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Current through October 23, 2012
(a) There is established for the District of Columbia the General Fund of the District of Columbia (hereinafter in this section referred to as the "General Fund") which shall consist of the following revenues:
(1) Taxes, fees, charges, and miscellaneous receipts;
(2) Federal payments authorized by §§ 34-2401.25 and 34-2112 and by § 1-205.02;
(3) Loans advanced to the District of Columbia by the Secretary of the Treasury, and other loans for operating expenses of the District of Columbia government; and
(4) Any moneys for operating expense purposes not otherwise designated to be deposited in another fund of the District of Columbia government.
(b) The Council of the District of Columbia may, from time to time, establish accounts within the General Fund and may direct the Mayor of the District of Columbia to institute such accounting procedures as may be necessary to separately report the revenue and expenditures related to individual programs and activities as it may designate, except that such directives shall not be construed as limiting the authority to transfer funds between accounts established in the General Fund. Within 60 days of the effective date of the establishment of any such account by the Council of the District of Columbia, the Mayor shall submit for Council approval by resolution, a list of the specific taxes, fees, charges, other receipts and expenditures deemed to fully represent the revenues and expenditures associated with the activity or program of each account established.
(c) The Council hereby establishes in the General Fund special accounts for receipts and expenditures related to the following:
(1) The provision of water service, including the operation of the Washington Aqueduct;
(2) The provision of sewer service, including the District of Columbia's share of the cost of Potomac Interceptor; and
(3) [Repealed].
(4) The administration, operating, and marketing of the industrial revenue bond program established pursuant to [§ 1-204.90] and the costs of operating and administering economic development programs pursuant to § 47-340.23.
(d) Within 180 days of the effective date of this Act abolishing certain special funds, the Mayor shall conduct an audit of each fund as closed and shall submit such audit report to the Council.
(Jan. 22, 1976, D.C. Law 1-42, § 9, 22 DCR 6318; Apr. 30, 1982, D.C. Law 4-103, § 3, 29 DCR 1395; enacted, April 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575; Mar. 20, 1998, D.C. Law 12-60, § 503, 44 DCR 7378; Oct. 20, 2005, D.C. Law 16-33, § 2112(a), 52 DCR 7503.)
HISTORICAL AND STATUTORY NOTES
Prior Codifications
1981 Ed., § 47-131.
1973 Ed., § 47-130c.
Effect of Amendments
D.C. Law 16-33 rewrote subsec. (c)(4), which had read as follows:
"(4) The administration, operation, and marketing of the industrial revenue bond program established pursuant to § 1-204.90."
Temporary Amendments of Section
For temporary (225 day) amendment of section, see § 503 of Fiscal Year 1998 Revised Budget Support Temporary Act of 1997 (D.C. Law 12-59, March 20, 1998, law notification 45 DCR 2094).
Emergency Act Amendments
For temporary amendment of section, see § 503 of the Fiscal Year 1998 Revised Budget Support Emergency Act of 1997 (D.C. Act 12-152, October 17, 1997, 44 DCR 6196), and see § 503 of the Fiscal Year 1998 Revised Budget Support Congressional Review Emergency Act of 1997 (D.C. Act 12-239, January 13, 1998, 45 DCR 508).
For temporary (90 day) amendment of section, see § 2112(a) of Fiscal Year 2006 Budget Support Emergency Act of 2005 (D.C. Act 16-168, July 26, 2005, 52 DCR 7667).
Legislative History of Laws
Law 1-42, the "Revenue Funds Availability Act of 1975," was introduced in Council and assigned Bill No. 1-161, which was referred to the Committee on the Budget. The Bill was adopted on first and second readings on July 29, 1975 and October 7, 1975, respectively. Signed by the Mayor on October 24, 1975, it was assigned Act No. 1-59 and transmitted to both Houses of Congress for its review.
Law 4-103, the "Stable and Reliable Source of Revenues for WMATA Act of 1982," was introduced in Council and assigned Bill No. 4-61, which was referred to the Committee on Finance and Revenue and the Committee on Transportation and Environmental Affairs. The Bill was adopted on first and second readings on February 9, 1982 and February 23, 1982, respectively. Signed by the Mayor on March 10, 1982, it was assigned Act No. 4-164 and transmitted to both Houses of Congress for its review.
Law 12-60, the "Fiscal Year 1998 Revised Budget Support Act of 1998," was introduced in Council and assigned Bill No. 12-353, which was referred to the Committee of the Whole. The Bill was adopted on first and second readings on September 8, 1997, and October 24, 1997, respectively. Signed by the Mayor on October 24, 1997, it was assigned Act No. 12-191 and transmitted to both Houses of Congress for its review. D.C. Law 12-60 became effective on March 20, 1998.
For Law 16-33, see notes following § 47-308.01.
References in Text
"This Act," referred to in subsection (d) of this section, is D.C. Law 1-42, the Revenue Funds Availability Act of 1975, approved January 22, 1976 (22 DCR 6318), codified as §§ 24-615, 50-1501.03, 50-2201.03, 50-2607, 34-2401.14, 34- 2101 to 34-2104, 34-2110, 34-2113, 34-2132, 34-2133, 47-131, 47-2301, 47-2324, and 47-2509.
Miscellaneous Notes
Purpose of D.C. Law 1-42: See § 2 of the Act of January 22, 1976, D.C. Law 1- 42.
References to funds abolished by D.C. Law 1-42: See § 8 of the Act of January 22, 1976, D.C. Law 1-42.
Short title of subtitle I of title II of Law 16-33: Section 2111 of D.C. Law 16-33 provided that subtitle I of title II of the act may be cited as This subtitle may be cited as the Great Streets Development Act of 2005.
