Indiana Code 12-21-9-6. Sources of funds; investment; nonreverting fund; appropriation
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Sec. 6. (a) The fund consists of:
(2) gifts, money, and donations received from any other source, including transfers from other funds or accounts.
(1) money received from state or federal grants or programs; and
Terms Used In Indiana Code 12-21-9-6
- 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.
- fund: refers to the therapeutic psilocybin research fund established by section 4 of this chapter. See Indiana Code 12-21-9-1
(b) 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 money may be invested. Interest that accrues from these investments shall be deposited in the fund.
(c) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
(d) Money in the fund is continuously appropriated for purposes of this chapter.
As added by P.L.152-2024, SEC.4.