Sec. 4. (a) The student educational achievement fund is established to provide funds to stimulate and recognize improved student performance in meeting academic standards under the statewide assessment program. The fund is administered by the department.
(b) The fund consists of appropriations from the general assembly.
(c) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-10.2-4-4.]
As added by P.L.1-2005, SEC.15. Amended by P.L.242-2017, SEC.27.