Source: https://development.code.dccouncil.us/dc/council/code/sections/34-1252.03.html
Timestamp: 2019-04-18 23:14:13+00:00

Document:
D.C. Law Library - § 34–1252.03. OCTFME Special Account.
↪ Chapter 12. Cable Television.
↪ Subchapter II. Office of Cable Television, Film, Music, and Entertainment Act of 2015.
↪ Part B. Office of Cable Television, Film, Music, and Entertainment.
↪ § 34–1252.03. OCTFME Special Account.
§ 34–1252.02. Powers and responsibilities of the Office of Cable Television, Film, Music, and Entertainment.
Part C. Other Cable Entities.
§ 34–1252.03. OCTFME Special Account.
(a) There is hereby established within the General Fund of the District, a OCTFME Special Account, to which shall be credited all revenues owed and accruing to the District from the establishment, regulation, and operation of the industries under this subchapter. The OCTFME Special Account shall be nonlapsing. Revenues deposited into the special account shall not revert to the General Fund at the end of any fiscal year or at any other time. All special account deposits shall be secured in a manner consistent with deposits of revenues by the District.
(b) Revenues deposited into the special account shall be continually available to the Office for the uses and purposes set forth in this chapter, subject to authorization in an appropriations chapter.
(c) The Director shall administer the special account and receive all payments required by this chapter.
(5) All interest earned on all deposits.
This section is referenced in § 34-1264.05.
The 2015 amendment by D.C. Law 21-36 “Director” for “Executive Director” in (c).
For temporary (90 days) amendment of this section, see § 2072(f) of the Fiscal Year 2016 Budget Support Emergency Act of 2015 (D.C. Act 21-127, July 27, 2015, 62 DCR 10201).

References: § 34
 § 34

§ 34

§ 34
 § 34
 § 2072