Advanced Search

On Amendments To The Federal Law "about Budgetary Classification In The Russian Federation And The Budget Code Of The Russian Federation

Original Language Title: О внесении изменений в Федеральный закон "О бюджетной классификации Российской Федерации" и Бюджетный кодекс Российской Федерации

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
RUSSIAN FEDERATION FEDERAL LAW On Amendments to Federal Law "On the Budgetary Classification of the Russian Federation" and the Budget Code of the Russian Federation Adopted by the State Duma on December 7, 2005 Approved by the Federation Council on 14 December 2005 (In the wording of Federal Law from 26.04.2007 N 63-FZ Article 1 (Spconsumed by Federal Law of 26.04.2007 N 63-FZ) Article 2 Amend the Budgetary Code of the Russian Federation (Collection of Russian legislation, 1998, N31, sect. 3823; 2003, N 50, sect. 4844; 2004, N 52, sect. 5278) The following changes: 1) Article 18 should be redrafted to read: " Article 18. Budget classification of the Russian Federation is a grouping of income, expenditure and sources of financing of budget deficits at all levels of the Russian Federation's budget system, species State (municipal) debt and state (municipal) assets used for the preparation and execution of budgets at all levels of the Russian Federation's budget system and ensuring comparability of budget figures at all levels of the Russian Federation. "; to supplement the fourth content of the following: " The administrators of revenues to the budgets of all levels of the Russian Federation's budget system are the organs of state power, bodies of local self-government, and bodies of government State extrabudgetary funds, the Central Bank of the Russian Federation, as well as budgetary institutions established by public authorities and local governments exercising control over correctness calculation, completeness and timeliness of payment, recovery and return (setoff) of surplus (recovered) payments to the budget, penalties and fines on them. "; 3) Part 1 of Article 21, amend to read: " Functional classification of costs The budgets of the Russian Federation are a grouping of budget expenditures at all levels of the Russian budget system and reflect the direction of the budget for the basic functions of the State and the resolution of questions of local importance, including Funding for the implementation of the normative legal acts adopted by the State authorities and municipal legal acts adopted by local authorities to finance the exercise of certain public powers transferred to other levels of authority. "; 4) Article 23, as follows: editions: " Article 23. The classification of sources of funding for the deficits of the budgets of the Russian Federation Classification of sources of financing budget deficits of the Russian Federation is a grouping of funds attracted by the Russian Federation. OF THE PRESIDENT OF THE RUSSIAN FEDERATION The classification of sources of internal financing of budget deficits in the Russian Federation includes groups, subgroups, articles, sub-items, elements, programmes (subprogrammes) and economic classification codes of sources of internal finance. Funding of budget deficits, the code of the administrator of the sources of internal financing of budget deficits. The administrators of sources of internal financing of budget deficits are public authorities, local government bodies, government bodies of extrabudgetary funds, as well as budgetary institutions created of the Russian Federation to carry out public and municipal domestic borrowing, to conclude loan agreements and contracts for the Loans (excluding budget lines) institutions), to provide state and municipal guarantees, to carry out transactions with assets located in state and municipal property. Classification of sources of external financing of federal budget deficits and budgets of the constituent entities of the Russian Federation includes groups, subgroups, articles, sub-articles, elements, programs (subprogrammes) and economic codes. Classifications of sources of external financing of budget deficits, code of external finance for external financing of budget deficits. The administrators of sources of external financing of budget deficits are public authorities entitled to carry out public external borrowing in accordance with the laws of the Russian Federation, to conclude loan agreements and contracts, specified in foreign currency, to attract credits, provide state guarantees in foreign currency. Economic classification of funding sources of budget deficits is the grouping of operations in the public administration sector according to their economic content. "; 5) (Spaced by Federal Reserve) Law of 26.04.2007 N 63-FZ) 6) (Federal Act No. 26.04.2007) N 63-FZ) Article 3 Paragraph 3 of Article 1 of the Federal Law of 23 December 2004 N 174-FZ " On introduction OF THE PRESIDENT OF THE RUSSIAN FEDERATION 5278) to be declared invalid. Article 4 1. This law shall enter into force on the date of its official publication. 2. This Federal Act applies to relations arising in the formulation and execution of budgets at all levels, starting with the 2006 budgets. President of the Russian Federation Vladimir Putin Moscow, Kremlin December 22, 2005 N 176-FZ