§ 19-5-1201 - Institutional and Community Development Fund.

19-5-1201. Institutional and Community Development Fund.

(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the Institutional and Community Development Fund.

(b) (1) This fund shall consist of moneys provided by the General Assembly.

(2) The fund shall be disbursed by the disbursing officer of the Department of Finance and Administration as determined by the Commission on Institutional and Community Development.