Section 33.564

Title IV EXECUTIVE BRANCH

Chapter 33

Effective - 28 Aug 1998   

  33.564.  International promotions revolving fund established — purpose — promotions, defined — state treasurer's powers and duties — fund not to lapse. — 1.  A special revolving fund to be known as the "International Promotions Revolving Fund" is hereby established within the state treasury.  It shall consist of any fees, gifts, contributions, grants or bequests received by the fund from federal, private or other sources.  No appropriations from the state's general revenue fund shall be made by the general assembly to the international promotions revolving fund.

  2.  The state treasurer shall be the custodian of the fund and shall make disbursements from it as provided for in appropriations.  The purpose of the international promotions revolving fund is to enable the state to represent Missouri corporations and businesses at international promotions.  For the purposes of this section, "promotions" shall mean trade shows, catalog shows, trade missions, foreign missions to Missouri, seminars, conferences, promotional catalogs and market research reports.  Moneys appropriated from the fund shall be used for the payment of registration fees, travel expenses, support of staff, fees for translators, the costs of transportation in foreign countries and other necessary expenses associated with attendance at international promotions.

  3.  Any moneys remaining in the international promotions revolving fund at the end of any fiscal year shall not lapse to the general revenue fund, as provided for in section 33.080, but shall remain in the international promotions revolving fund.

­­--------

(L. 1990 S.B. 633 §§ 1, 2, 3, A.L. 1994 H.B. 1248 & 1048, A.L. 1998 S.B. 828)