Indiana Code 31-25-2-16. Department of child services child care fund
Current as of: 2023 | Check for updates
|
Other versions
Sec. 16. (a) The department of child services child care fund is established for the purpose of providing training and facilitating compliance with and enforcement of IC 31-25 through IC 31-28. The fund shall be administered by the department.
(c) The expenses of administering the fund shall be paid from money in the fund.
(b) The fund consists of the fees and civil penalties collected under IC 31-25 through IC 31-28.
Terms Used In Indiana Code 31-25-2-16
- department: refers to the department of child services established by IC 31-25-1-1. See Indiana Code 31-25-2-1
- 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.
(d) 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 may be invested. Interest that accrues from these investments shall be deposited in the fund.
(e) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
As added by P.L.145-2006, SEC.271.