Sec. 3-114b. Recording of estimated sales and use tax to be received after close of fiscal year.
Sec. 3-114b. Recording of estimated sales and use tax to be received after close
of fiscal year. At the close of each fiscal year the Comptroller is authorized to record
as revenue of such year, the amount of sales and use taxes to be received for the calendar
quarter ending at the close of such fiscal year as estimated by the Secretary of the Office
of Policy and Management.
(1967, P.A. 363, S. 4; P.A. 73-679, S. 6, 43; P.A. 75-537, S. 16, 55; P.A. 77-614, S. 19, 610; P.A. 78-302, S. 2, 11.)
History: P.A. 73-679 substituted managing director, planning and budgeting division, department of finance and control
or his designee for managing director of the budget; P.A. 75-537 changed division name to budget and management
division and omitted reference to designee; P.A. 77-614 replaced budget director with secretary of the office of policy and
management; P.A. 78-302 replaced education, welfare and public health taxes with sales and use taxes.