Indiana Code 21-38-8-9. Appropriation
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Terms Used In Indiana Code 21-38-8-9
- 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
Sec. 9. An appropriation to the fund or a grant from the fund to a state educational institution does not constitute a commitment to match endowment income in excess of the current appropriation in any subsequent biennium.
[Pre-2007 Higher Education Recodification Citation: 20-12-69-14.]
As added by P.L.2-2007, SEC.279.