Effective: December 1, 2006
Latest Legislation: House Bill 530 - 126th General Assembly
Except as provided in section 113.10 of the Revised Code, all moneys deposited with the treasurer of state, the disposition of which is not otherwise provided for by law, shall be credited to the general revenue fund, which is hereby created in the state treasury. If a warrant for the payment of money from the state treasury has been illegally or improperly issued, or the amount of a warrant exceeds the sum that should have been named therein, and payment of such warrant or excess has been made by the treasurer of state, the director of budget and management shall, unless the account of the appropriation from which it was paid has been closed, credit the amount collected to such appropriation; but, if such account has been closed, the director shall credit the amount so collected to the fund on which the warrant was originally drawn.
All investment earnings on moneys deposited in the state treasury shall be credited to the general revenue fund unless:
(A) The disposition of the earnings is otherwise provided for by law;
(B) The director has provided in the plan approved under section 131.36 of the Revised Code that a different fund is entitled to the earnings.