Nevada § 387.1273 Creation; use of interest and income; transfer of money to State General Fund; acceptance of gifts and grants; use of money in Account

Nevada Statutes

§ 387.1273 — Creation; use of interest and income; transfer of money to State General Fund; acceptance of gifts and grants; use of money in Account

Nevada § 387.1273

Title 34EDUCATION

Ch. 387Financial

Early Childhood Literacy and Readiness Account

This text of Nevada § 387.1273 (Creation; use of interest and income; transfer of money to State General Fund; acceptance of gifts and grants; use of money in Account) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 387.1273 (2026).

Text

1. The Early Childhood Literacy and Readiness Account is hereby created in the State General Fund. The Account must be administered by the Department. 2. The interest and income earned on:

(a)The money in the Account, after deducting any applicable charge; and

(b)Unexpended appropriations made to the Account from the State General Fund, Ê must be credited to the Account. 3. Except as otherwise provided in subsection 4, the balance remaining in the Account that has not been committed for expenditure on or before June 30 of each fiscal year reverts to the State General Fund. 4. The Department may accept gifts and grants of money from any source for deposit in the Account. All money received pursuant to this subsection:

(a)Must be accounted for separately in the Account;

(b)Must be expend

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1. The Early Childhood Literacy and Readiness Account is hereby created in the State General Fund. The Account must be administered by the Department.
2. The interest and income earned on:
(a) The money in the Account, after deducting any applicable charge; and
(b) Unexpended appropriations made to the Account from the State General Fund,
Ê must be credited to the Account.
3. Except as otherwise provided in subsection 4, the balance remaining in the Account that has not been committed for expenditure on or before June 30 of each fiscal year reverts to the State General Fund.
4. The Department may accept gifts and grants of money from any source for deposit in the Account. All money received pursuant to this subsection:
(a) Must be accounted for separately in the Account;
(b) Must be expended in accordance with the terms of the gift or grant; and
(c) Does not revert to the State General Fund and must be carried over into the next fiscal year.
5. The money in the Account may only be used to award grants to school districts, sponsors of charter schools and nonprofit organizations to support early childhood literacy and readiness programs pursuant to NRS 387.1275 .