Tennessee § 49-9-1202 State matching funds

Tennessee Statutes

§ 49-9-1202 — State matching funds

Tennessee § 49-9-1202

Title49

This text of Tennessee § 49-9-1202 (State matching funds) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 49-9-1202 (2026).

Text

The state shall match the funds raised by each 4-H district up to one hundred thousand dollars ($100,000) as money in the endowment fund becomes available through the general appropriations act or grants. No district may receive matching funds totaling more than one-sixth (1/6) of the amount of money in the endowment fund during any fiscal year. If at the end of a fiscal year there remains money in the fund, districts that have raised more than one-sixth (1/6) of the money available during that year shall be entitled to a pro rata match of the money remaining in the fund. The funds raised by the 4-H district, together with the state matching funds, shall be deposited in the endowment fund for each district created by this part.

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The state shall match the funds raised by each 4-H district up to one hundred thousand dollars ($100,000) as money in the endowment fund becomes available through the general appropriations act or grants. No district may receive matching funds totaling more than one-sixth (1/6) of the amount of money in the endowment fund during any fiscal year. If at the end of a fiscal year there remains money in the fund, districts that have raised more than one-sixth (1/6) of the money available during that year shall be entitled to a pro rata match of the money remaining in the fund. The funds raised by the 4-H district, together with the state matching funds, shall be deposited in the endowment fund for each district created by this part.