Section 17. The comptroller shall administer an account the purpose of which shall be to fund terminal leave payments for employees whose salaries were paid from federal funds immediately prior to their leaving state service and to fund certain liabilities resulting from the agreement between the commonwealth and the federal government in accordance with Public Law 101–453. For the purpose of funding the account, the comptroller may transfer and expend without further appropriation an amount equal to the liability for the costs from the revenues collected in accordance with section 6B of chapter 29 to the account.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title II - Executive and Administrative Officers of the Commonwealth
Chapter 7a - Office of the Comptroller
Section 1 - Office of the Comptroller; Appointment; Removal; Vacancies
Section 2 - Advisory Board; Membership; Terms; Expenses; Duties
Section 3 - Examination of Accounts and Demands; Overdue Debts; Certificates of Amounts Due
Section 5 - Bills and Vouchers; Certified Copies; Regulations
Section 5a - Late Penalty Interest Payments; Adoption of Rules and Regulations
Section 7 - Accounting System; Forms and Books of Account
Section 8 - General Books of Account; Systems of Accounts; Treatment of Debtors; Late Charges
Section 9a - Audit of Commonwealth Financial Operations; Procedures
Section 11 - Furnishing of Accounting Statements
Section 13 - Budget Preparation; Co-Operation of Comptroller's Office
Section 15 - Rules and Regulations
Section 16 - Administration of the Liability Management and Reduction Fund
Section 17 - Account to Fund Terminal Leave Payments; Federal Grant Funds.