Funding Statute
/ˈfʌndɪŋ ˈstætʃuːt/
Definitions
- (n.) A statute that authorizes the allocation or provision of government funds for specific programs, activities, or agencies.
The funding statute allocated resources to support public education initiatives.
Forms
- funding statute
- funding statutes
Related terms
See also
Commentary
Funding statutes often specify the limits and purposes of expenditures, requiring precise drafting to ensure legal compliance and effective resource allocation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.