Nevada Revised Statutes 231.068 – Office of Economic Development: Award of grants for programs for occupational education
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1. The Office, to the extent of legislative appropriations, may grant money to a postsecondary educational institution to develop a program for occupational education which is designed to teach skills in a short period to persons who are needed for employment by new or existing businesses.
Terms Used In Nevada Revised Statutes 231.068
- 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.
2. Any money appropriated to the Office for awarding grants to develop a program specified in subsection 1 must be accounted for separately in the State General Fund. The money in the account:
(a) Does not revert to the State General Fund at the end of any fiscal year; and
(b) Must be carried forward to the next fiscal year.