Amend The Financial Equalization Act 2008 And The Catastrophe Fund Act 1996

Original Language Title: Änderung des Finanzausgleichsgesetzes 2008 und des Katastrophenfondsgesetzes 1996

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.
208. Federal law be changed with the financial balancing act 2008 and the catastrophe fund legislation in 1996

The National Council has decided:

Article 1

Amendment to the fiscal equalization Act of 2008

The 2008 financial balancing act, Federal Law Gazette I no 103/2007, as last amended by Federal Law Gazette I no. 165/2013, is amended as follows:

In section 9, paragraph 2, following Z 2a is inserted after the Z 2 b:

"Z 4 further 2B. the income shares of the Federal Government in corporation tax in 2014 EUR 50 million for purposes of the disaster relief fund for the financing of measures pursuant to article 3 lit. m of the disaster Fund Act 1996 (drought assistance);"

Article 2

Amendment to the disaster Fund Act 1996

The catastrophe fund legislation in 1996, BGBl. 201/1996, as last amended by Federal Law Gazette I no. 165/2013, is amended as follows:

1 in § 3 Z 4 is the lit. l following lit. m added:

"m. to meet extraordinary needs, that due to the federal financial aid - to the acquisition of roughage, Rau feed substitutes and also other herbal substitute feed, furthermore - to alleviate extraordinary damage in arable and permanent crops due to adverse weather conditions of the year 2013, in particular drought, in the amount of up to EUR 50 million as a half share of the total compensation. This same high amount of the countries concerned must be provided. The Federal Minister for agriculture and forestry, environment and water management has to set the amount of the remuneration, as well as the handling in agreement with the Federal Minister of finance."

2. in paragraph 8, the phrase is "lit. e, f, h, i, j and k"by"lit. e, f, h, i, j, k and m"replaced.