Kansas Statutes 76-744. National direct student loan audit dispute fund; creation; transfers from state general fund; expenditures
Terms Used In Kansas Statutes 76-744
- 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
- Board of regents: means the state board of regents provided for in the constitution of this state and described in article 32 of chapter 74 of Kansas Statutes Annotated and amendments thereto. See Kansas Statutes 76-711
- State: means the state of Kansas. See Kansas Statutes 76-779
There is hereby created in the state treasury the national direct student loan audit dispute fund. On July 1, 1983, the director of accounts and reports shall transfer $93,472 from the state general fund to the national direct student loan audit dispute fund. On July 1, 1984, the director of accounts and reports shall transfer $96,276 from the state general fund to the national direct student loan audit dispute fund. On July 1, 1985, the director of accounts and reports shall transfer $99,164 from the state general fund to the national direct student loan audit dispute fund. On July 1, 1986, the director of accounts and reports shall transfer $102,139 from the state general fund to the national direct student loan audit dispute fund. All expenditures from such fund shall be made in accordance with appropriation acts upon warrants of the director of accounts and reports issued pursuant to vouchers approved by the chairperson of the state board of regents or a person designated by the chairperson.