Nevada Revised Statutes 430A.100 – Solicitation and acceptance of gifts and grants by Director; accounting; grants of money to family resource centers; duties of Grants Management Advisory Committee concerning allocation of money
1. The Director may solicit and accept gifts and grants of money and other property, including real property, from any public or private source and may use the property and expend the money, subject to any limitations contained in the gift or grant, to carry out the provisions of this chapter.
Terms Used In Nevada Revised Statutes 430A.100
- 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.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
2. Money received by the Director pursuant to this section must be accounted for separately in the State General Fund. The money in the account does not revert to the State General Fund at the end of any fiscal year and must be carried forward to the next fiscal year.
3. The Director may make grants of money from the account to family resource centers to pay for any expenses incurred by those centers in carrying out their responsibilities, and may place such conditions on the acceptance of those grants as the Director determines are necessary, including requiring a center to provide matching money.
4. The Advisory Committee shall review all requests for grants of money to family resource centers and shall make recommendations to the Director concerning the allocation of money in the account.
5. As used in this section, ‘Advisory Committee’ means the Grants Management Advisory Committee created by NRS 232.383 or a working group of the Grants Management Advisory Committee that is appointed pursuant to NRS 232.387.