Title 32, Title 32: Taxation and Finance

§ 432. Management of invested State money In the management of funds and securities belonging to the State or held in the Treasury, with approval of the Governor, he or she may change the form of investment thereof by exchange of securities or by sale and reinvestment of the same…

§ 433. Investments of State money (a) Investments of State funds shall be made in: (1) obligations of the United States, its agencies, and instrumentalities, which have a liquid market with readily determinable market value; (2) certificates of deposit and other evidences of depo…

§ 434. Investment of certain funds (a)(1) A Trust Investment Account is hereby created to maximize the earnings of individual funds by associating them together for common investment. (2) The Trust Investment Account may include: (A) the whole or any part of individual trust fund…

§ 435. General Fund (a) There is established the General Fund, which shall be the basic operating fund of the State. The General Fund shall be used to finance all expenditures for which no special revenues have otherwise been provided by law. (b) The General Fund shall be compose…

§ 435a. Tobacco Litigation Settlement Fund (a) A Tobacco Litigation Settlement Fund shall be established in the State Treasury, separate from the General Fund and any other fund, for the support of tobacco use prevention, cessation, and control, and for other health care purposes…

§ 436. Interfund borrowing Notwithstanding any provisions of law, the State Treasurer, with the approval of the Governor, may borrow from any funds created by the General Assembly available amounts as the Treasurer may determine to be necessary or desirable for the purpose of def…

§ 461. Disbursements on Commissioner’s warrants The Treasurer shall not disburse monies from the State Treasury except upon warrants issued by the Commissioner of Finance and Management, unless otherwise provided. (Amended 1959, No. 328 (Adj. Sess.), § 8(c); 1983, No. 195 (Adj. S…

§ 462. Appropriation required (a) Except in the case of funds held by the State in trust, rebates payable to the U.S. Treasury Department in accordance with the provisions of section 476 of this title, or unless otherwise specified by statute, no monies shall be paid out of the T…

§ 463. Itemized bills with vouchers required The Commissioner of Finance and Management shall require all bills presented to him or her for allowance to be fully itemized and accompanied, as far as possible, with vouchers. (Amended 1959, No. 328 (Adj. Sess.), § 8(c); 1983, No. 19…

§ 464. Itemized statements and receipts required When required by the Commissioner of Finance and Management and before payment is made by the State, all claimants for compensation for services rendered or expense incurred for the State shall furnish the Commissioner of Finance a…

§ 465. Only lawful claims allowed; warrants The Commissioner of Finance and Management shall allow only a valid and legal claim except as otherwise specifically directed. The Commissioner shall issue the warrant pursuant to this section, and no other officer shall issue a warrant…

§ 466. Requisitions (a) Upon requisition of an officer having authority to expend money for the payment of expenses chargeable to the State, with the approval of the Governor, the Commissioner of Finance and Management is authorized to issue a warrant on the Treasurer for funds n…

§ 467. Accounts with Superior Court clerks The Commissioner of Finance and Management shall issue a warrant in favor of each Superior Court clerk when the clerk requires money for election or court expenses, and the State Treasurer shall charge the same to the clerk. The clerk sh…

§ 469. Requisition for court expenses With the approval of the Court Administrator, the Supreme Court, the Judicial Bureau, and the Superior Court may requisition money from the State to pay fees and expenses related to grand and petit jurors, fees and expenses of witnesses appro…

§ 475. Disasters on State properties The Commissioner of Finance and Management is hereby directed to issue warrants, on certificate of the Attorney General that the Attorney General has authorized the services or expenditures, in the following cases: (1) to fire departments or m…

§ 476. Rebate of income earned from investment or reinvestment of bond proceeds to the U.S. Treasury Department Subject only to the approval of the Governor, the Commissioner of Finance and Management shall issue his or her warrant for payment to the U.S. Treasury Department or a…

§ 502. Monies to be paid over without deduction (a) The gross amount of money received in their official capacities by every administrative department, board, officer, or employee, from whatever source, shall be paid forthwith to the State Treasurer, or deposited according to the…

§ 503. Payment of monies into Treasury Quarterly and more frequently if the Commissioner of Finance and Management so directs, Superior Court clerks and other collectors and receivers of public money shall pay all money collected or held by them into the State Treasury. (Amended …

§ 504. Fines paid to Superior Court clerk Damages and costs received in actions to which the State is a party, and fines and the amount of bonds and recognizances to the State taken in any county, shall be paid to the Superior Court clerk. His or her receipt shall be the only val…

§ 506. Failure of Superior Court clerk to pay over If a Superior Court clerk neglects to make a return or pay into the State Treasury any money as provided in this chapter, the Commissioner of Finance and Management shall forthwith notify the State’s Attorney, who shall immediate…

§ 508. Receipts given by State officers State officers, except Superior Court clerks and Superior judges, and every person in the employ of the State under salary or per diem established by statute, receiving money belonging to or for the use of the State, shall give the person p…

§ 509. Overpayment; refund An officer of the State, a board, or commission receiving money in payment of an obligation due the State, the board, or commission, when an overpayment is made, shall forthwith refund to that person the amount of such overpayment when demand is made; h…

§ 509a. Judiciary overpayment; refund Notwithstanding the provisions of section 509 of this title, when a person who owes money to the Judiciary makes an overpayment, the Judiciary shall forthwith refund to that person the amount of such overpayment; however, there shall be no ob…

§ 510. Appropriation; federal funds; Public Service Department receipts All monies received from the United States government are appropriated to the purposes specified in the Acts of Congress under which those payments are made to the State of Vermont. The Commissioner of Financ…

§ 511. Excess receipts If any receipts, including federal receipts, exceed the appropriated amounts, the receipts may be allocated and expended on the approval of the Commissioner of Finance and Management. If, however, the expenditure of those receipts will establish or increase…

§ 541. Collection of fines and costs All fines; costs, including costs taxed as State’s Attorneys’ and court fees; bail; and unclaimed fees collected by judges shall be paid into the proper treasury. (Amended 1965, No. 194, § 10, eff. July 1, 1965, operative Feb. 1, 1967; 2009, N…

§ 542. Payment to Treasurer The judge or clerk of each Criminal Division of the Superior Court shall quarterly, on or before the first day of February, May, August, and November, pay into the State Treasury all money in his or her hands belonging to the State. (Amended 1965, No. …

§ 544. Judge may pay witnesses The judge or clerk of each Criminal Division of the Superior Court shall pay from any fines and costs in his or her hands belonging to the State all juror and witness fees payable by the State and shall take the receipts of persons receiving the sam…

§ 581. Unclaimed costs to revert to State Fees allowed in a bill of costs to a judge that are not demanded by the party to whom such fees are due within six months after such bill is allowed shall revert to the use of the State, and the judge, after the expiration of six months, …

§ 582. Sale of meals; revolving fund Superintendents of institutions in the Departments of Corrections and of Mental Health and the Vermont Veterans’ Home may sell meals prepared under their food service programs to employees, officials, visitors, and other necessary persons part…

§ 583. Credit card payments (a) A statewide officer or secretary of a State agency, commissioner of a State department, or the Court Administrator may accept payment of taxes, registration fees, license fees, penalties, fines, interest, charges, surcharges, or any other fees or a…

§ 584. Vermont Clean Water Affinity Card Program (a) The State Treasurer is hereby authorized to sponsor and participate in an Affinity Card Program for the benefit of water quality improvement in this State upon his or her determination that such a Program is feasible and may be…

§ 585. Definitions (a) As used in this subchapter: (1) “Commissioner” means the Commissioner of Finance and Management. (2) A “special fund” is a fund created to account for specific revenues earmarked to finance particular or restricted programs and activities, or created by exp…

§ 586. Application The provisions of this subchapter shall not apply to funds established to account for proceeds from the sale of bonds; to the General Fund, the Transportation Fund, the Fish and Wildlife Fund, the Tobacco Litigation Settlement Fund; or to any federal revenue fu…

§ 587. Special funds; creation and termination (a) Creation of special funds. The creation of all special funds shall be in accordance with the provisions of this subchapter. (b) Termination of special funds. All special funds shall be terminated at a time specified as a conditio…

§ 588. Special funds; organization and management All special funds shall be organized and managed in accordance with the provisions of this section. (1) Purpose and identification. Each special fund shall be established for a specific purpose, identified by a unique name, and ma…

§ 601. Statement of purpose It is the purpose of this subchapter to establish a uniform policy on the creation and review of Executive and Judicial Branch fees and to require that any such fee be created solely by the General Assembly. (Added 1995, No. 186 (Adj. Sess.), § 31, eff…

§ 602. Definitions As used in this subchapter: (1) “Agency” or “State agency” means any Executive Branch agency, department, or entity created by Title 3 and any board, commission, council, or similar entity attached to an Executive Branch agency, department, or entity. (2) “Fee”…

§ 603. Fee creation, amount, and adjustment of amount On or after May 22, 1996: (1) Any new fee shall be established solely by act of the General Assembly, which shall designate the service or product provided, or regulatory function performed, for which the fee is to be charged.…

§ 605. Consolidated Executive Branch annual fee report and request (a) The Governor shall, not later than the third Tuesday of every annual legislative session, submit a consolidated Executive Branch fee report and request to the General Assembly, which shall accompany the Govern…

§ 605a. Consolidated Judicial Branch fee report and request (a) The Justices of the Supreme Court or the Court Administrator if one is appointed pursuant to 4 V.S.A. § 21, in consultation with the Justices of the Supreme Court, shall submit a consolidated Judicial Branch fee repo…

§ 606. Legislative fee review process; fee bill When the consolidated fee reports and requests are submitted to the General Assembly pursuant to sections 605, 605a, and 611 of this title, they shall immediately be forwarded to the House Committee on Ways and Means, which shall co…

§ 611. Consolidated town fee report and request (a) As used in this section: (1) “Cost” shall be narrowly construed and may include reasonable and directly related costs of administration, maintenance, and other expenses due to providing the service or product or performing the r…

§ 621. Statement of purpose It is the purpose of this subchapter to establish a procedure by which the pension benefits of a public employee convicted of certain crimes may be forfeited. Honorable public service is a condition precedent for a public employee to receive retirement…

§ 622. Definitions As used in this subchapter: (1) “Contribution” shall have the same meaning as “accumulated contribution” set forth in 3 V.S.A. § 455(a)(1), 16 V.S.A. § 1931(1), and 24 V.S.A. § 5051(1) and shall include the sum of all amounts deducted from the compensation of a…

§ 623. Forfeiture of public employee retirement benefits (a) Honorable public service is a condition precedent to receiving retirement benefits. Each time a member is hired, reassigned, promoted, demoted, enters into a new collective bargaining contract, or otherwise changes his …