Rustam Minnikhanov takes part in 9th session of Tatarstan State Council

On July 8, Interim President of the Republic of Tatarstan Rustam Minnikhanov took part in the 9th session of Tatarstan State Council.

Certain amendments were made in the Budget Code of the Republic of Tatarstan and the Law “On granting the powers of estimation and granting to budgets of urban and rural settlements from regional fund of financial support”. The relevant law was passed in the first reading today.

According to the law, tax receipts from common useful minerals production tax will be paid to the budgets of municipal regions. It is supposed to increase budget revenues and tax collection.

Chairman of the Committee for budget, taxes and finance Leonid Yakunin told that from January 1, 2016, new powers that were performed by municipal authorities, such as organization of heat, gas and water supply, local roads management, creating conditions for realization of measures of inter-confessional and inter-ethnic concord, and public recreation, will be vested on rural settlements.