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§ 37–103. Enterprise Fund.

DC Code § 37–103 (2019) (N/A)
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(a) There is established the Eastern Market Enterprise Fund (“Fund”) pursuant to § 47-373(2)(C). The Fund shall be operated by the CPMO in accordance with general accepted accounting principles.

(b) The CPMO shall deposit into the Fund all revenues, proceeds, and moneys from whatever source derived that are collected or received by the CPMO on behalf of Eastern Market.

(c) Repealed.

(d) Money in the Fund shall be used for the following purposes:

(1) To fund all expenses related to the management and maintenance of the Eastern Market Special Use Area; and

(2) Up to $5,000 per fiscal year to fund the operating expenses of the Eastern Market Community Advisory Committee, including the creation and preservation of meeting records, printing, copying, and other direct expenses related to their duties.

(e) Money in the Fund may not be used to fund capital expenditures for Eastern Market and the Eastern Market Special Use Area.

(f)(1) The money deposited into the Fund shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time.

(2) Subject to authorization in an approved budget and financial plan, any funds appropriated in the Fund shall be continually available without regard to fiscal year limitation.

(Apr. 16, 1999, D.C. Law 12-228, § 4, 46 DCR 1066; Apr. 20, 1999, D.C. Law 12-264, § 22(b), 46 DCR 1066; Dec. 7, 2004, D.C. Law 15-205, § 1192(d), 51 DCR 8441; Aug. 17, 2016, D.C. Law 21-143, § 9, 63 DCR 7589; Oct. 30, 2018, D.C. Law 22-168, § 1112, 65 DCR 9388.)

1981 Ed., § 10-303.

This section is referenced in § 37-111.

D.C. Law 15-205, in subsec. (c), substituted “biennially” for “annually”.

For temporary (90 days) amendment of this section, see § 1112 of Fiscal Year 2019 Budget Support Congressional Review Emergency Act of 2018 (D.C. Act 22-458, Oct. 3, 2018, 65 DCR 11212).

For temporary (90 days) amendment of this section, see § 1112 of Fiscal Year 2019 Budget Support Emergency Act of 2018 (D.C. Act 22-434, July 30, 2018, 65 DCR 8200).

For temporary (90 days) amendment of this section, see § 8 of Repeal of Outdated and Unnecessary Audit Mandates Emergency Amendment Act of 2016 (D.C. Act 21-403, May 21, 2016, 63 DCR 7925).

For temporary (90 day) amendment of section, see § 1192(d) of Fiscal Year 2005 Budget Support Emergency Act of 2004 (D.C. Act 15-486, August 2, 2004, 51 DCR 8236).

For temporary (90 day) amendment of section, see § 1192(d) of Fiscal Year 2005 Budget Support Congressional Review Emergency Act of 2004 (D.C. Act 15-594, October 26, 2004, 51 DCR 11725).

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§ 37–103. Enterprise Fund.