Indiana Code 22-4.1-6-1. Establishment of fund; administration of programs; reversion of money
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Sec. 1. (a) The state workforce development fund is established to receive and disburse workforce development funds under this chapter. The department shall administer the fund.
(c) Money in the fund at the end of a state fiscal year does not revert to the state general fund but remains available to the department for expenditure consistent with this chapter.
(b) Money appropriated for the programs described in section 2 of this chapter may be used for the costs of administering those programs.
Terms Used In Indiana Code 22-4.1-6-1
- 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.
As added by P.L.235-1999, SEC.15.