2006 Ohio Revised Code - 4301.12. Custody and disposition of funds received.
§ 4301.12. Custody and disposition of funds received.
The division of liquor control shall provide for the custody, safekeeping, and deposit of all moneys, checks, and drafts received by it or any of its employees or agents prior to paying them to the treasurer of state as provided by
section 113.08 of the Revised Code.
A sum equal to three dollars and thirty-eight cents for each gallon of spirituous liquor sold by the division during the period covered by the payment shall be paid into the state treasury to the credit of the general revenue fund. All moneys received from permit fees shall be paid to the credit of the undivided liquor permit fund established by
section 4301.30 of the Revised Code.
Except as otherwise provided by law, all moneys collected under
Chapters 4301. and 4303. of the Revised Code shall be paid by the division into the state treasury to the credit of the liquor control fund, which is hereby created. Amounts in the liquor control fund may be used to pay the operating expenses of the liquor control commission.
Whenever, in the judgment of the director of budget and management, the amount in the liquor control fund is in excess of that needed to meet the maturing obligations of the division, as working capital for its further operations, to pay the operating expenses of the commission, and for the alcohol testing program under
section 3701.143 [3701.14.3] of the Revised Code, the director shall transfer the excess to the credit of the general revenue fund.
HISTORY: GC § 6064-10; 115 v PtII, 118, § 10; 116 v 511; 118 v 50; Bureau of Code Revision, 10-1-53; 130 v 994 (Eff 3-10-64); 130 v PtII, H 13 (Eff 3-16-65); 133 v H 531 (Eff 8-18-69); 135 v S 174 (Eff 12-4-73); 137 v S 221 (Eff 11-23-77); 138 v H 204 (Eff 7-30-79); 141 v H 201 (Eff 7-1-85); 144 v H 298 (Eff 7-26-91); 144 v H 904 (Eff 1-1-93); 146 v S 162 (Eff 7-1-97); 147 v H 210 (Eff 6-30-97); 147 v H 215 (Eff 6-30-97); 149 v H 94. Eff 9-5-2001.
The effective date is set by section 204 of HB 94.
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