(a) In order to cooperate with the United States department of agriculture and the University of Tennessee in making available to boys, girls, men and women in the rural communities practical and useful instruction in agriculture, home economics and marketing as referred to in § 49-50-102, there is appropriated from moneys in the general treasury, not otherwise appropriated, for each fiscal year one hundred sixty thousand dollars ($160,000) to be used to match and supplement allotments of federal appropriations available to the state for carrying on this work under the Smith-Lever Act (7 U.S.C. §§ 341-349), and made conditional on similar sums of money being appropriated by the state.
Terms Used In Tennessee Code 49-50-103
Agriculture: means :(i) The land, buildings and machinery used in the commercial production of farm products and nursery stock. See Tennessee Code 1-3-105
Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
United States: includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(b) The moneys so appropriated shall be paid each year in semiannual payments and applied and disbursed as provided in subsections (c) and (d), and in accordance with the plans and under the direction of the United States department of agriculture and the board of trustees of the University of Tennessee. On July 1 and January 1 of each year, the commissioner of finance and administration is authorized and directed to issue warrants in favor of the treasurer of the University of Tennessee for the amount due on those dates.(c) The entire amount of this appropriation shall be known as the cooperative agricultural extension fund, and a separate accounting for its expenditure shall be made by the board of trustees of the University of Tennessee in the biennial report to the governor and the general assembly. Full and complete vouchers of all such expenditures shall be kept for auditing by proper national and state officials.(d) If there should remain in any year a balance of the state appropriation after matching the federal allotments, it, together with interest earned on the unexpended balance, shall be added to the amount available for the ensuing year.
