15.320  Community economic betterment program account.

1.  A community economic betterment program account is established within the strategic investment fund to be used by the department for the community economic betterment program. The account shall consist of all appropriations, grants, or gifts received by the department specifically for use under this part and any moneys allocated to the community economic betterment program account from the strategic investment fund.

2.  Payments of interest, repayments of moneys loaned under the community economic betterment program, or recaptures of awards shall be deposited into the strategic investment fund.

Section History: Recent form

  92 Acts, ch 1244, § 24

Footnotes

  Strategic investment fund, §15.313


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