620.1103. Department may assign moneys, limitations--agreement, audit authorized--repayment of funds. - Missouri Statutes

Department may assign moneys, limitations--agreement, auditauthorized--repayment of funds.

620.1103. 1. Notwithstanding any provision of law to the contrary, thedepartment may in its discretion assign moneys from the youth opportunitiesand violence prevention fund to any entity designated by the department, forprograms designated in section 135.460, RSMo, section 620.1100 and thissection, including, but not limited to, schools, state agencies, politicalsubdivisions and agencies thereof, not-for-profit corporations ornot-for-profit organizations, the Missouri youth conservation corps, communityaction agencies, caring community programs, or any other entity or programsuch as any early childhood program, including, but not limited to, theparents as teachers program or similar programs; provided that, suchassignment of funds does not exceed fifteen percent of the total value of thefund, and provided further that no more than ten percent of such fundsassigned shall be used for administrative purposes.

2. Any entity receiving funds pursuant to the youth opportunities andviolence prevention act shall sign an agreement to utilize such funds for theprograms designated in section 135.460, RSMo, section 620.1100 and thissection. The state auditor may conduct an audit to monitor the utilization offunds assigned by the department. If an entity uses funds for purposes otherthan for the programs designated in section 135.460, RSMo, section 620.1100and this section, the department shall require the entity to repay such fundsto the department.

(L. 1995 H.B. 174, et al. § 14)

CROSS REFERENCE:

Tax credit for programs within youth opportunity program, RSMo 135.460