Sec. 11. (a) The commission on Hispanic/Latino affairs special fund is established to provide money for special projects of the commission.

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Terms Used In Indiana Code 4-23-28-11

  • commission: refers to the commission on Hispanic/Latino affairs established by section 2 of this chapter. See Indiana Code 4-23-28-1
  • 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.
     (b) The fund shall be administered by the treasurer of state.

     (c) Expenses of administering the fund shall be paid from money in the fund.

     (d) The fund consists of gifts, contributions, and money donated to the commission.

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

     (f) Interest accrues to the fund.

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

     (h) Money in the fund is appropriated continuously for the purpose stated in subsection (a).

As added by P.L.247-2003, SEC.1.

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