Section 97-III. Indirect cost recovery account  


Latest version.
  • 1.   There is hereby
      established in the joint  custody  of  the  state  comptroller  and  the
      commissioner of the department of taxation and finance an account of the
      miscellaneous  special  revenue  fund  to  be known as the indirect cost
      recovery account.
        2.  Notwithstanding any other law, rule or regulation to the contrary,
      the state comptroller is hereby authorized and directed to  receive  for
      deposit  to  the  credit  of  the indirect cost recovery account, charge
      backs to the general fund - state purposes account,  to special  revenue
      fund  -  other,  to  special  revenue  funds  - federal, and to internal
      services  funds;  moneys  recovered  from   the   sale   of   department
      publications,  fees for technical assistance services, fees for printing
      services provided to  other  department  units,  other  state  agencies,
      governmental  bodies and other entities; and fees collected from outside
      use of department of education facilities.
        3.    Moneys  of  this  account,  following   appropriation   by   the
      legislature,  shall  be  available to the state education department for
      policy, legal and administrative services provided to  other  department
      units, other state agencies, governmental bodies and other entities.