Sec. 15. (a) The career coaching grant fund is established for the purpose of providing grants to an eligible entity to implement programs described in section 16 of this chapter.
(b) The fund consists of the following:
(1) Appropriations made by the general assembly.
(2) Gifts, grants, devises, or bequests made to the cabinet to achieve the purposes of the fund.
(c) The cabinet shall administer the fund.
(d) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested. Interest that accrues from these investments shall be deposited in the fund.
(e) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
As added by P.L.143-2019, SEC.7.