2005 Missouri Revised Statutes - § 160.310. — Energy set-aside program fund established, purpose--source of moneys--antilapse provision.

160.310. 1. The state treasurer shall establish, maintain, and administer a special trust fund to be administered by the department and to be known as the "Energy Set-aside Program Fund", from which public school districts may seek and obtain loans for the purpose of implementing energy conservation projects under the provisions of sections 160.300 to 160.328.

2. All moneys duly authorized and appropriated by the general assembly, all moneys received from federal funds, gifts, bequests, donations or any other moneys so designated, all moneys received pursuant to section 160.306, and all interest earned on and income generated from moneys in the fund shall immediately be paid to and deposited in the energy set-aside program fund.

3. All principal deposits, as authorized in subsection 1 of this section, and all repayments of loans by school districts, as specified in subsection 5 of section 160.306, to the energy set-aside program fund shall be available to be issued and reissued for loans as authorized by sections 160.300 to 160.328. After appropriation from the general assembly, the department may expend interest earned on the energy set-aside program fund for the administration of the school loan program in sections 160.300 to 160.328.

4. The commissioner of administration shall disburse such moneys at such times from the fund as are authorized by the department pursuant to section 160.302.

5. Except as otherwise provided in sections 160.300 to 160.328, the provisions of section 33.080, RSMo, requiring the transfer of unexpended funds to the ordinary revenue funds of the state shall not apply to funds in the energy set-aside program fund.

(L. 1986 H.B. 1335 § 6, A.L. 1991 H.B. 65 & H.B. 665)

*Expiration date, see section 160.328