Rhode Island General Laws 16-1-15. Restricted receipts
Current as of: 2023 | Check for updates
|
Other versions
There is hereby created a restricted receipt account with the department of elementary and secondary education for the purpose of receiving and expending monies from any other sources, public or private, limited to gifts, grants, and donations. The department shall deposit any revenues from such sources into the restricted receipt account to be used for the same educational purposes that its state appropriation is used, unless otherwise limited by any agreement to use such funds.
History of Section.
P.L. 2021, ch. 162, art. 2, § 1, effective July 6, 2021.
Terms Used In Rhode Island General Laws 16-1-15
- 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