44RZ14 - The Budget for the 44th Cosa Act

Clarked in the 2nd Clark (September 2012) of the 44th Ziu
Clark Entry ID: 487
Bill ID: 1017

WHEREAS Section 4 of The Men In Black II Act (Talossan statutory law 38RZ15) states that "the Prime Minister shall be required to submit to the Ziu, as a government bill, and in time for consideration by the second Clark of the Cosa, a detailed budget listing all planned expenses of the government through the current Cosa, specifying the amounts to be requisitioned for each Cabinet Ministry and the purpose of each such expense", and

WHEREAS I have now completed my assessment of the budgetary requirements of each of the ministries, and

WHEREAS the current balance of the Royal Treasury, as reported by His Majesty's Burgermeister of Inland Revenue, stands at 516¢35 ($774.87US), and

WHEREAS while it is not envisioned that all Ministries will be spending money this Cosa term, I am bound to "take care to ensure that the budget presented will be sufficient to provide for all expenses of the government of the Kingdom of Talossa until the next budget shall be presented, during the subsequent Cosa", now

THEREFORE be it enacted by the Ziu that:Section 1. The maximum expense to be authorised for each ministry of government shall be as follows:

Section 2. Any monies not allocated by Section 1 shall be retained in the Royal Treasury for emergency spending and for investment by the Burgermeister of Inland Revenue as directed by the Finance Minister, according to the investment policies of his ministry.

Section 3. For security and administration purposes, all allocated monies shall remain in the Royal Treasury unless and until they are requested by the Minister of Finance. Upon any such request, however, being subject to the provisions and limitations of this Act, the Burgermeister of Inland Revenue shall release such funds as are requested, that they may be drawn down under this authorisation of the Ziu on a case by case basis by each minister.

Section 4. Any monies authorised by the Ziu according to Section 1, and withdrawn by a ministry under said authorisation but not expended before the passage of a budget for the 45th Cosa shall be returned to the Royal Treasury for reallocation as the then incumbent Prime Minister sees fit.FURTHERMORE, WHEREAS the Ministry of Finance has been authorised by Section 1 of this act to expend funds sufficient to produce 1,500 stamps with a face value of ¢20 each (a total value of ℓ500), and

WHEREAS the Ministry of Finance indicates to the Ziu its intention to produce stamps in at least that quantity within the next six months, whether with or without the use of the said authorised funds, and

WHEREAS the ministry further indicates to the Ziu its hopes, intentions, and expectations are that it shall not draw these authorised funds, and that it will instead raise monies for the production of stamps through the pre-sale of such through a reputable channel, such as the Kickstarter website, now

TO THIS END, the Ziu makes further authorisation as follows:Section 5. In lieu of the ℓ100 allocated in section 1(d) of this act, the Ministry of Finance is hereby authorised to expend up to ℓ400 ($600US) of new monies to be deposited into the Royal Treasury through the pre-sale of stamps. Such expenditure shall be authorised to cover the production of up to 50,000 stamps of a face value of ¢20 each (a total value of 16.666¢40, or $25,000US), the fees paid for the fundraising system, and the expense of the delivery of the stamps to pre-purchasers.FINALLY, the Government has indicated to the Ziu that, especially should the stamp project be a rousing success, it is hoped that circumstances will allow it to undertake the expenses of producing paper currency and/or coins, so

THEREFORE the Ziu restates that:Section 6.** In accordance with Section 5 of Talossan statutory law 38RZ15, the Government may later in this Cosa submit supplemental budgeting legislation for the approval of the Ziu.

Ureu q'estadra så,
Ma la Mha, Contă Thord (Seneschal)

Vote summary

Number: 44RZ14
Vote date: September 2012
Result: None (Cosă: 0-0-0, Senäts: 0-0-0)
Required for passage: Simple majority of both Houses

Voting record

MC Party Seats Vote
0-0-0
Senator Province Pr. Vote
Ieremiac'h Ventrutx Florenciă FL
Ián Anglatzarâ Fiovă FV
Brad Holmes Atatürk AK
Viteu Marcianüs Vuode VD
Sir Mick Preston Maritiimi-Maxhestic MM
Iustì Carlüs Canun Maricopa MA
Sir Glüc da Dhi Cézembre CZ
Iason Taiwos Belacostă BE
0-0-0
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