Ley 225 de 1995 | Ley 225 de 1995 — Colombia law | Esheria

Ley 225 de 1995

This is the preamble of Law 225 of 1995, which states that it modifies the Organic Budget Law.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 225 de 1995
Version
Undated source snapshot
Language
es
Updated
Official source
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aeronautics appropriations audit oversight budget administration budget approvals budget execution budget reduction budget regime budget treatment budgeting capital allocation cash management cash programming cofinancing collection and administration of public resources communications compliance normativa defense deuda pública energy financial reporting fiscal year close fund administration gobierno y cumplimiento presupuestario +26 more

Statute overview

About this statute

This is the preamble of Law 225 of 1995, which states that it modifies the Organic Budget Law. El Presupuesto de Rentas debe incluir la estimación de ciertos ingresos y recursos nacionales. This article defines parafiscal contributions and says they are mandatory legal levies for the benefit of a specific sector. In exceptional cases, Confis may authorize certain future-budget obligations for specified infrastructure and security-related works; the executive secretariat must report approved authorizations to the congressional economic committees. Certain public-sector entities must send their final financial statements to two national authorities by 31 March each year.

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