Section 37.14.140. Utilization of income.

Latest version.

The net income of the fund may not be appropriated for a purpose other than the support of the state public school program. The commissioner of revenue shall invest realized net income that has not been appropriated or that has been appropriated but not expended until the income is appropriated and expended.

Notes

Recent Bills that will modify this

HB 261 INVEST/APPROP/ADMIN PUB SCHOOL TRUST FUND
SB 146 INVEST/APPROP/ADMIN PUB SCHOOL TRUST FUND

History

(Sec. 4 ch 182 SLA 1978; am Sec. 23 ch 141 SLA 1988)

                    
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