Section 19: Early Education and Care Operational Grant Fund

169 words·~1 min read·/ma/part-i/title-ii/chapter-15d/19

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 19.

(a)There shall be established and set up on the books of the commonwealth a budgeted fund known as the Early Education and Care Operational Grant Fund, which shall be administered by the department. Amounts credited to the fund shall be expended, subject to appropriation, to provide a funding stream to support the operational grant program for early education and care providers in the commonwealth established pursuant to section 20. The unexpended balance in the fund at the end of a fiscal year shall remain available for expenditure in subsequent fiscal years. The fund shall not be subject to section 5C of chapter 29.

(b)The fund shall be credited with:

(i)revenue received pursuant to clause

(iii)of subsection

(b)of section 25 of chapter 10;

(ii)other money authorized by the general court and specifically designated to be credited to the fund;

(iii)funds from public and private sources, including, but not limited to, gifts, grants and donations; and

(iv)interest earned on such money.