Strategic action plan on aging cash fund.

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(1) There is created in the state treasury the strategic action plan on aging cash fund consisting of any moneys that may be appropriated to the fund by the general assembly together with any gifts, grants, or donations received by the planning group. The planning group may seek and accept gifts, grants, or donations for the purpose of funding the planning group's operations and development of the strategic action plan. The moneys in the fund are continuously appropriated to the planning group for the direct and indirect costs associated with implementing this part 34.

(2) The state treasurer may invest any moneys in the fund not expended for the purpose of this part 34 as provided by law. The state treasurer shall credit all interest and income derived from the investment and deposit of moneys in the fund to the fund. Any unexpended and unencumbered moneys remaining in the fund at the end of a fiscal year remain in the fund and shall not be credited or transferred to the general fund or another fund.

Source: L. 2015: Entire part added, (HB 15-1033), ch. 275, p. 1127, § 1, effective June 4.


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