Rhode Island § 35-3-23 - State Budget

Full text of Rhode Island Rhode Island General Laws § 35-3-23 — State Budget, with citation guidance and answers to common questions.

§ 35-3-23. State Budget

R.I. Gen. Laws § 35-3-23

§ 35-3-23. Interfund transfers.

(a) The governor may make an interfund transfer. Prior to making an interfund transfer the governor shall give five (5) days written notification of the proposed interfund transfer to the speaker of the house, the president of the senate, the chairperson of the house finance committee, the chairperson of the senate finance committee, the minority leader of the senate, and the minority leader of the house.

(b) An interfund transfer must comply with this section. An interfund transfer can be made under the following circumstances and on the following conditions:

(1) The governor must make the findings that:

(i) All cash in the general fund, including the payroll clearing account, has been or is about to be exhausted;

(ii) The anticipated cash expenditures exceed the anticipated cash available.

(2) The governor may make an interfund transfer to the general fund from the:

(i) Temporary disability fund created in § 28-39-4;

(ii) Intermodal surface transportation fund created in § 35-4-11; and/or

(iii) Tobacco settlement financing trust fund created in § 42-133-9.

(3) Once in each fiscal quarter from each fund the governor may make an interfund transfer. The fund(s) from which money is transferred must be made whole by June 30th in the same fiscal year as the transfer is made.

(4) The interfund transfer may be made notwithstanding the provisions of §§ 28-37-3 and 28-39-4.

History of Section.
P.L. 1991, ch. 1, § 1; P.L. 1993, ch. 138, art. 12, § 1; P.L. 2001, ch. 180, § 70; P.L. 2002, ch. 65, art. 8, § 2; P.L. 2009, ch. 5, art. 2, § 1; P.L. 2009, ch. 68, art. 2, § 2; P.L. 2011, ch. 363, § 21.

Frequently Asked Questions About Rhode Island § 35-3-23

What does Rhode Island General Laws § 35-3-23 cover?

Section 35-3-23 ("State Budget") is part of the Rhode Island General Laws, the codified statutory law of Rhode Island. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Rhode Island § 35-3-23?

A common citation format is "Rhode Island General Laws § 35-3-23" (Rhode Island). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Rhode Island law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Rhode Island official source linked on this page or consult a licensed Rhode Island attorney.

How does Rhode Island § 35-3-23 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Rhode Island can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Rhode Island.