Reformed Budget Law In The Bouquet Of Finance, To Include $ 15,777,040.00.

Original Language Title: REFÓRMASE LA LEY DE PRESUPUESTO, EN EL RAMO DE HACIENDA, PARA INCORPORAR $15,777,040.00.

Read the untranslated law here: http://www.asamblea.gob.sv/eparlamento/indice-legislativo/buscador-de-documentos-legislativos/reformase-la-ley-de-presupuesto-en-la-parte-que-corresponde-al-tribunal-supremo-electoral-para-incorporar-777-040/archivo_documento_legislativo



1

DECREE No. 619 THE LEGISLATURE OF THE REPUBLIC OF EL SALVADOR, CONSIDERING
:
I.- by Legislative Decree No. 340, dated March 20, 2013, published in the Official Journal No. 57, Volume No. 398, 22 of the same year, joined the General State Budget 2013, the amount of FORTY MILLION DOLLARS 00/100 UNITED STATES oF AMERICA (US $ 40,000,000.00) from redirecting made of remnants of the Securities Credit placed in the International Market on November 28, 2012, while increasing the said amount, allocations Branch of Finance, in order that the institution may transfer to the Tribunal Supreme Electoral, TSE, the necessary resources to finance the implementation of Extraordinary Special Event Electoral Budgets for 2014, for the residential vote and the vote from abroad.
II.- by Legislative Decrees Nos. 341, 342 and 343, all dated March 20, 2013, published in the Official Journal No. 57, Volume No. 398 from 22 the same month and year, were approved Extraordinary Special Budgets for the Electoral Event 2014, for $ 33,309,710.00; for the residential vote, for $ 2,586,455.00 and the Voting Abroad 2014, for $ 4,103,835.00, within which, the necessary financing to cover both pre-election expenditures during 2013, completion in the implementation of residential voting level contemplated national, organization and development of the Vow from the Salvadorians Abroad and the same conduct of elections in 2014.
III.- December 2013 fiscal year just ended 31 and under different requirements funds made by the TSE, the bouquet of finance transferred them to the amount of $ 24,222,960.00, which were used to finance pre-election expenses $ 18,105,925.00, complete the implementation of the residential vote nationally for $ 2,586,455.00, and organize logistics and promotion Voting Abroad for $ 3,530,580.00; in that sense, an available balance unperformed $ 15,777,040.00, which is required to incorporate assignments that Ministry, in order to subsequently move to the different Special Budgets Extraordinary to continue financing expenses related to the conduct of elections is recorded which will take place on February 2, 2014 and if necessary, a second election, which would be held on March 9 this year.
IV.- That the aforementioned resources are available remnants of Credit Securities (Bonds), which are programmed in the current Budget Act of 2014, passed by Legislative Decree No. 522, dated 31 October 2013, published in the Official Gazette No. 225, Volume No. 401, December 2nd that same year; therefore, it deemed necessary to perform the
2

corresponding changes in the share of income and expenses, in order to incorporate the amount of FIFTEEN MILLION SEVEN HUNDRED AND SEVENTY-SEVEN THOUSAND FORTY 00/100 DOLLARS OF THE UNITED STATES OF AMERICA (US $ 15,777,040.00).
THEREFORE,
in exercise of its constitutional powers and initiative of the President of the Republic, through the Minister of Finance, DECREES
:
Art.
A: 1. In the current Budget Law, Section -A General State Budget, the following changes are introduced. In Section II - INCOME, Item 31 Public Debt, would incorporate features 312 Placements Securities in the foreign market and the specific source 31201 bonds, with the value of FIFTEEN MILLION SEVEN HUNDRED AND SEVENTY-SEVEN THOUSAND FORTY 00/100 DOLLARS THE UNITED STATES OF AMERICA (US $ 15,777,040.00).
B. In Section III - EXPENSES in the share BOUQUET OF FINANCE, literal B. Resource Allocation, paragraph 4. Budget Allocation Heading Grouping, Source of Funding and Economic Destination, auméntanse the budgetary allocations Unit 20 Provision for transfer Resources Extraordinary Special Budgets for the Electoral Event 2014 for the residential vote and the vote from abroad, Line Working 01 Financing Extraordinary Special Budgets for the Electoral Event 2014, for Residencial Vote and the Voting Abroad, as follows:
4. Budget Allocation by Category Grouping, Funding Source and Destination
Budget Unit Economic and Budgetary Line Encryption Working 56

Current Transfers Current Expenditures

20 Provision for transfer resources to the Extraordinary Special Budgets for the Electoral Event 2014 for the residential vote and the vote from abroad
2014-0700-1-20-01-21-1 General Fund F unding the Extraordinary Special Budgets for the Electoral Event 2014 for the residential vote and the vote from abroad
15,777,040 15,777,040

15777040
Total 15,777,040 15,777,040 15,777,040

Art. 2. This Decree shall enter into force from the day of its publication in the Official Journal.
3

GIVEN IN THE BLUE ROOM OF THE LEGISLATIVE PALACE: San Salvador, on the seventh day of February in the year two thousand and fourteen.
OTHON Sigfrido Reyes Morales, president.
ENRIQUE VALDES LUIS ALBERTO SOTO, GUILLERMO ANTONIO NAVARRETE GALLEGOS, FIRST VICE. SECOND VICE PRESIDENT.
MERINO JOSE FRANCISCO LOPEZ, FRANCISCO ROBERTO DURAN LORENZANA, THIRD VICE. FOURTH VICE.
CARLOS ARMANDO REYES RAMOS, FIFTH VICE.
PEÑA LORENA GUADALUPE MENDOZA, MENJIVAR VICENTE MANUEL ESQUIVEL, First Secretary. Second Secretary.
SALGADO SANDRA MARLENE GARCIA, JOSE RAFAEL MACHUCA Zelaya, Third Secretary. Fourth secretary.
IRMA VASQUEZ PALACIOS LOURDES, ERNESTO ANTONIO ANGULO MILE, QUINTA Secretariat. SIXTH SECRETARY. JOSE FRANCISCO
ZABLAH SAFIE, ORANTES SERAFIN JOSE RODRIGUEZ, seventh Secretary. EIGHTH SECRETARY.
PRESIDENTIAL HOUSE: San Salvador, on the seventh day of February in the year two thousand and fourteen.
Published, Carlos Mauricio Funes Cartagena
, President of the Republic.
Juan Ramon Caceres Carlos Enrique Chavez, Minister of Finance.
OJ No. 25 Volume No. 402 Date: February 7, 2014 JQ
/
geg 27/07/2014 LEGISLATIVE INDEX