§ 21-12-8-13 — High value workforce ready grant program implementation fund

(a) The high value workforce ready grant
program implementation fund is established to award high value
workforce ready grants authorized under this chapter and to administer
the grant program.
(b) The fund consists of the following:
(1) Money appropriated by the general assembly.
(2) Money received from state or federal grants or programs.
(3) Donations, gifts, and money received from any other source,
including transfers from other funds or accounts.
(c) The fund shall be administered by the department of workforce
development and the commission.
(d) The expenses of administering the fund shall be paid from
money in the fund.
(e) The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public funds are invested.
(f) Money in the fund at the end of a state fiscal year does not revert
to the state general fund but remains available to be used exclusively
for the purposes of the fund.

Legislative History

As added by P.L.230-2017, SEC.34.