Tennessee § 20-9-616 - Disposition and disbursement of moneys collected — Budget — Contracting for services.

§ 20-9-616. Disposition and disbursement of moneys collected — Budget — Contracting for services.

Notwithstanding any other law to the contrary, all moneys collected pursuant to this part shall be deposited in the state treasury in a separate fund to be known as the Tennessee board of court reporting fund. Disbursements from this fund shall be made solely for the purpose of defraying expenses incurred in the implementation and enforcement of this part. No such expenses shall be payable from the general fund of the state; except for the initial expenses of the board prior to the collection of licensure fees sufficient to defray such expenses. Any part of the Tennessee board of court reporting fund remaining at the end of a fiscal year shall not revert to the general fund of the state, but shall be carried forward until expended in accordance with this part. The board shall budget annually, in advance, its expenditures for programs, services, allocated overhead or chargebacks and other normal operating expenses as determined by the board. These expenditures so established shall be budgeted at the beginning of the fiscal year by the board, not to exceed the fees to be received by the board, including the excesses accumulated in the fund of the board. The commissioner of finance and administration shall inform the board annually, in advance for budgeting purposes, of the allocation of all overhead or chargebacks to the board. Subject to approval of the comptroller of the treasury and the commissioner of finance and administration, the board may also contract for services to carry out this part. Acts 2009, ch. 450, § 1; 2010, ch. 1123, § 8. Amendments. The 2010 amendment added “; except for the initial expenses of the board prior to the collection of licensure fees sufficient to defray such expenses” to the end of (c). Effective Dates. Acts 2009, ch. 450, § 3. July 1, 2010; provided, that for the purpose of promulgating rules and regulations and appointment of board members, the act shall take effect June 23, 2009. Acts 2010, ch. 1123, § 13. June 29, 2010.