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  65.687.  Federal grant program fund created — deposits and disbursements — lapse. — 1.  There is hereby created in the state treasury the "Federal Grant Program Fund".  All moneys received from the federal government as grants shall be deposited in the state treasury to the credit of the federal grant program fund except those funds which are required by the constitution or statutes of this state to be placed in a restricted use fund.

  2.  All money received by any agency to cover indirect or reimbursable costs shall be deposited in the treasury to the credit of the appropriate fund.

  3.  Notwithstanding the provisions of section 33.080, moneys in the federal grant program fund shall not lapse.

  4.  No money shall be withdrawn from the federal grant program fund except by appropriation.


(L. 1978 H.B. 1218 § 2)

Effective 7-01-78

< end of effective 01 Jul 1978 >

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