Section 9-29A-3 – Distribution; early childhood education and care fund; payments pursuant to federal Mineral Leasing Act.
A. If, by June 30, 2022 and by June 30 of each fiscal year thereafter, the net receipts for that fiscal year of the money received by the state pursuant to the federal Mineral Leasing Act exceed the annual average amount, the excess shall be distributed to the early childhood education and care fund and […]
Section 9-29A-2 – Early childhood education and care program fund.
The “early childhood education and care program fund” is created as a nonreverting fund in the state treasury. The fund consists of distributions, appropriations, gifts, grants, donations and income from investment of the fund. The early childhood education and care department shall administer the fund. Money in the fund is subject to appropriation by the […]
Section 9-29A-1 – Early childhood education and care fund.
A. The “early childhood education and care fund” is created within the state treasury. The fund shall consist of distributions, appropriations, gifts, grants and donations. Income from investment of the fund shall be credited to the fund. Money in the fund shall be expended only as provided in this section. B. The state investment officer, […]