Code of Massachusetts Regulations
801 CMR - EXECUTIVE OFFICE FOR ADMINISTRATION AND FINANCE
Title 801 CMR 50.00 - EXPENDABLE TRUST REGULATION
Section 50.01 - Application, Purpose and Scope

(1) Application. 801 CMR 50.00 applies to any office, department, agency, board, division, commission or institution of the Executive Department, excluding the Legislative and Judicial Branches, the Constitutional Offices, and independent public authorities.

(2) Purpose. The purpose of 801 CMR 50.00 is to provide uniform rules and procedures pertaining to the acceptance, expenditure and use of one-time or temporary funds (including grants, gifts, cash and in-kind contributions) received from any person or any quasi-governmental, municipal governmental, or other nongovernmental entities, as an Expendable Trust outside the normal appropriation process. Unless otherwise provided by law, such funds may be accepted, expended and used only in accordance with the procedures set forth in 801 CMR 50.00. 801 CMR 50.00 excludes federal grant funds governed by M.G.L. c. 29, § 6B and any other funds that are directed for deposit in another fund or account in accordance with general or special law.

(3) Scope. Only Executive Office Secretaries are authorized to establish Expendable Trusts pursuant to 801 CMR 50.00, on behalf of the Executive Office or any Department. The head of any other state agency or state authority, each as defined in M.G.L. c. 29, § 1, may request the Secretary of Administration to establish an Expendable Trust on the agency's or authority's behalf.