Why Some Transfers Are Enacted In The Appropriations Act For Fiscal Year 1995

Original Language Title: Por la cual se decretan unos traslados en la Ley de apropiaciones para la vigencia fiscal de 1995

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ACT 217 OF 1995
(November 14)
Official Gazette No. 42,008, of 15 November 1995
Whereby some transfers are enacted in the Appropriations Act for fiscal year 1995
summary Effective Notes

CONGRESS OF COLOMBIA DECREES
:
ARTICLE 1o. EXPENDITURE BUDGET AND APPROPRIATIONS. Efectúense the following counterclaims in the General National Budget for fiscal year 1995 in the sum of three hundred sixty-seven thousand nine hundred forty-nine seven hundred and ten thousand and twenty million pesos ($ 367.949.710.020.00) legal currency, as follows detail:
(Because the extent of this Law publication is omitted and reported that the full text is published in the Official Gazette No. 42,008 of 15 November 1995.)
Article 2.
. Based on the resources in the preceding article, open up the following appropriations in the General National Budget for fiscal year 1995 in the amount of THREE HUNDRED SIXTY-SEVEN THOUSAND NINE HUNDRED TWENTY THOUSAND FORTY NINE PESOS ($ 367,949,710,020 .00) LEGAL CURRENCY as follows:
(Because the extent of this Law publication is omitted and reported that the full text is published in the Official Gazette No. 42,008 of November 15, 1995. )

ARTICLE 3. The National Government Decree settlement of this Act, shall make the appropriate adjustments in the sources of funding in the budget appropriations and income.

ARTICLE 4. Authorize the national government to carry out in the Decree settlement to this Law, the corresponding adjustments to reflect unduplicated the amount of the approved budget transfers. He also exclude transfers whose counterclaims are committed at the time of sanction this Act.

The 5th ITEM. The situado fiscal and participation of municipalities in the current revenues of the Nation, on the resources of the cellular mobile telephony, recently ordered by the Constitutional Court, only be made on the resources unexecuted as of the date of notification of the judgment. Accordingly, for fiscal year 1995 worth $ 34.141.3 million, equal to the right of local authorities about an eighth of these resources will be incorporated. In the next seven years it will continue to balance the budget by incorporating eighths, giving the corresponding participation to local authorities. Effective Jurisprudence


For the above purposes, the Fund constituyáse mandated by Article 15 of Law 179 of 1994

ARTICLE 6o. The municipal investment of resources sport will be in accordance with the Municipal Development Plan taking into account sports clubs and leagues, where they exist.

ARTICLE 7. This Law governs from the date of publication.
Publíquese, transmittal and enforcement
Given in Bogota, DC, ...
The President of the honorable Senate, JULIUS CAESAR WAR Tulena

General President honorable Senate, PUMAREJO VEGA PEDRO

the President of the honorable House of Representatives, Rodrigo Rivera Salazar

the Secretary General of the honroable House of Representatives, DIEGO VIVAS TAFUR
| || REPUBLIC oF COLOMBIA - NATIONAL GOVERNMENT

published and execute Given in Bogota, DC, on November 14, 1995

Ernesto Samper Pizano Minister of Finance and Public Credit, || | WILLIAM PERRY RUBIO