49-11-408 - Expenditure of funds.
49-11-408. Expenditure of funds.
To the end that it is the intent of the general assembly, and it is expressly declared, that there shall be a unified, overall program of vocational-technical education and technical training in this state, including all vocational purposes, all state technology centers, all vocational and technical training programs, and including the vocational education training program, title 8 of the National Defense Education Act of 1958 (P.L. 85-864, 72 Stat. 1597) program, the Area Redevelopment Act of 1961 (P.L. 87-27, 75 Stat. 47) program, and the Manpower Development and Training Act of 1962 (P.L. 87-415, 76 Stat. 23) program, the board of regents is authorized to expend or obligate, or both, for the purposes of this part:
(1) Funds that are appropriated or may be appropriated by the general assembly for the purposes of this part;
(2) Federal funds that are available or may be made available for the purposes of this part; and
(3) Local funds or contributions that may be made available for the purposes of this part.
[Acts 1963, ch. 229, § 8; 1983, ch. 181, §§ 5, 6; T.C.A., § 49-2616; Acts 1994, ch. 685, § 3.]