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Fund 14L

Fund Reference Manual

14L-Streamlined Sales and Use Tax Mitigation Account

Account Code:
14L
Account Title:
Streamlined Sales and Use Tax Mitigation Account
Admin Agency:
Department of Revenue - 1400
Fund Type:
AA - General Fund
Rollup Fund:
AC - Administrative Accts in the General Fund
Cash Type:
1 - Treasury Fund
SAAM Budget Type:
Appropriated (A)
Interest Earning Authority:
N/A
Authority:
Closing GL Code:
9325
Description:
To mitigate the unintended revenue redistribution effect of the sourcing law changes among local governments due to the streamlined sales and use tax agreement.
Sources of Revenue:
General Fund transfers.
Clientele:
Local governments.
Effective Date:
Tue, 07/01/2008
Inactive Date:
Public Notes: