Sec. 4. (a) The youth service bureau grant account is established within the state general fund to provide grants to youth service bureaus. The account consists of money:

(1) appropriated by the general assembly;

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Terms Used In Indiana Code 31-26-1-4

  • account: refers to the youth service bureau grant account. See Indiana Code 31-26-1-1
  • 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.
  • youth service bureau: means an organization that is certified as a youth service bureau by the department under section 3 of this chapter. See Indiana Code 31-26-1-2
(2) received in the form of donations; and

(3) from any other source.

     (b) The account shall be administered by the department.

     (c) The treasurer of state shall invest the money in the account not currently needed to meet the obligations of the account in the same manner as other public funds may be invested.

     (d) Money in the account at the end of a state fiscal year does not revert to the state general fund.

As added by P.L.145-2006, SEC.272.