Massachusetts General Laws ch. 74 sec. 20 – Custodian of federal funds
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Section 20. The state treasurer shall be the custodian of federal funds allocated to the commonwealth for vocational-technical education. The funds so allocated from the federal government shall be expended with specific appropriation under the direction of the state board.
Terms Used In Massachusetts General Laws ch. 74 sec. 20
- 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