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(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a miscellaneous fund to be known as the “Workforce Initiative Act of 2015 Fund”.
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(b) The fund shall consist of those general revenues as may be authorized by law and other nonfederal funds as may be provided by law.
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(c) The fund shall be used by the Division of Higher Education for distributing grants to programs identified under § 6-60-107.
