Creation; appropriations
Sec. 1. (a) There is created in the state treasury a special fund to
be known as the employment and training services administration
fund. All money which is deposited or paid into this fund is hereby
appropriated and made available to the department. All money in this
fund shall be expended for the purpose and in the amounts found
necessary by the Secretary of Labor for the proper and efficient
administration of this article and for no other purpose whatsoever.
The fund shall consist of all money appropriated by this state and all
money received from the United States, any agency thereof, or from
any other source for such defined purposes. Money received from the
railroad retirement board as compensation for services or facilities
supplied to said board shall be paid into this fund on the same basis
as expenditures are made for such services or facilities from such
fund. All money in this fund shall be deposited, administered, and
disbursed in the same manner and under the same conditions and
requirements as is provided by law for other special funds in the state
treasury. Any balances in this fund shall not lapse at any time but
shall be continuously available to the department for expenditure
consistent with this article.
(b) Notwithstanding any provision of this section, all money
requisitioned and deposited in this fund pursuant to IC 22-4-26-5
shall remain part of the unemployment insurance benefit fund and
shall be used only in accordance with the conditions specified in
IC 22-4-26-5.
(Formerly: Acts 1947, c.208, s.2501; Acts 1951, c.295, s.15; Acts
1957, c.299, s.17.) As amended by P.L.144-1986, SEC.121;
P.L.18-1987, SEC.66.
Last modified: May 27, 2006