Sec. 3. (a) The rural health care
pilot program support fund is established for the purpose of making grants to Indiana health care providers who participate in the pilot program. The fund shall be administered by the
office.
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Terms Used In Indiana Code 16-45-4-3
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- office: means the office of technology established by Indiana Code 16-45-4-1
- pilot program: refers to the rural health care pilot program established by the Federal Communications Commission under Indiana Code 16-45-4-2
(b) The expenses of administering the fund shall be paid from the money in the fund.
(c) The fund consists of:
(1) money appropriated or otherwise designated or dedicated by the general assembly; and
(2) gifts, grants, and bequests.
(d) Notwithstanding IC 5-13, the treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund under IC 5-10.3-5. The treasurer of state may contract with investment management professionals, investment advisers, and legal counsel to assist in the management of the fund and may pay the state expenses incurred under those contracts.
(e) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
As added by P.L.108-2007, SEC.1.