Sec. 6. (a) The career coaching grant fund is established for the purpose of providing grants to eligible entities to establish or implement comprehensive career navigation and coaching systems as described in section 7 of this chapter.

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Terms Used In Indiana Code 21-18-20-6

  • 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.
     (b) The fund consists of the following:

(1) Appropriations made by the general assembly.

(2) Interest deposited in the fund under subsection (e).

     (c) The commission shall administer the fund.

     (d) The expenses of administering the fund shall be paid from money in the fund.

     (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. Interest that accrues from these investments shall be deposited in the fund.

     (f) Money in the fund at the end of a state fiscal year reverts to the state general fund.

As added by P.L.202-2023, SEC.79.

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