Indiana Code 22-4.1-27-8. Establishment of workforce diploma reimbursement program fund
Current as of: 2024 | Check for updates
|
Other versions
Sec. 8. (a) The workforce diploma reimbursement program fund is established for the purpose of providing payments under the program to approved eligible program providers that assist adults who are more than twenty-two (22) years of age in:
(2) obtaining high school diplomas.
(1) developing employability and career technical skills; and
Terms Used In Indiana Code 22-4.1-27-8
- cabinet: refers to the governor's workforce cabinet established by IC 4-3-27-3. See Indiana Code 22-4.1-27-1
- program: refers to the workforce diploma reimbursement program established by section 7 of this chapter. See Indiana Code 22-4.1-27-6
(b) The fund consists of the following:
(1) Appropriations made by the general assembly.
(2) Gifts, grants, devises, or bequests made to the cabinet to achieve the purposes of the fund.
(c) The cabinet 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.
As added by P.L.237-2019, SEC.2.