The draft law (Reg. No. 4591) suggests determine peculiarities of relations between state budget with budget of the Autonomous Republic of Crimea and budget of Sevastopol city. It is particularly stipulated to:
transfer all revenues that are being paid (transferred) on the territory of the Autonomous Republic of Crimea and Sevastopol city to budget of the Autonomous Republic of Crimea;
grant the right to determine expenditures and crediting of budget of the Autonomous Republic of Crimea and Sevastopol city within the limits of revenues without using adjustment mechanism;
regulate inter-budgetary relations between local budgets of the Autonomous Republic of Crimea in the order established by the Council of Ministers of the Autonomous Republic of Crimea.
It is suggested to include budget of Sevastopol city to the list of local budgets of the Autonomous Republic of Crimea.
The Committee noted that the Central Scientific Experts Office of the Verkhovna Rada Secretariat claims it is necessary to adopt the draft’s proposal.