Legislation
SECTION 97-III
Indirect cost recovery account
State Finance (STF) CHAPTER 56, ARTICLE 6
§ 97-iii. Indirect cost recovery account. 1. There is hereby
established in the joint custody of the state comptroller and the
commissioner of the department of taxation and finance an account of the
miscellaneous special revenue fund to be known as the indirect cost
recovery account.
2. Notwithstanding any other law, rule or regulation to the contrary,
the state comptroller is hereby authorized and directed to receive for
deposit to the credit of the indirect cost recovery account, charge
backs to the general fund - state purposes account, to special revenue
fund - other, to special revenue funds - federal, and to internal
services funds; moneys recovered from the sale of department
publications, fees for technical assistance services, fees for printing
services provided to other department units, other state agencies,
governmental bodies and other entities; and fees collected from outside
use of department of education facilities.
3. Moneys of this account, following appropriation by the
legislature, shall be available to the state education department for
policy, legal and administrative services provided to other department
units, other state agencies, governmental bodies and other entities.
established in the joint custody of the state comptroller and the
commissioner of the department of taxation and finance an account of the
miscellaneous special revenue fund to be known as the indirect cost
recovery account.
2. Notwithstanding any other law, rule or regulation to the contrary,
the state comptroller is hereby authorized and directed to receive for
deposit to the credit of the indirect cost recovery account, charge
backs to the general fund - state purposes account, to special revenue
fund - other, to special revenue funds - federal, and to internal
services funds; moneys recovered from the sale of department
publications, fees for technical assistance services, fees for printing
services provided to other department units, other state agencies,
governmental bodies and other entities; and fees collected from outside
use of department of education facilities.
3. Moneys of this account, following appropriation by the
legislature, shall be available to the state education department for
policy, legal and administrative services provided to other department
units, other state agencies, governmental bodies and other entities.