2019 Missouri Revised Statutes
Title XL - Additional Executive Departments
Chapter 620 - Department of Economic Development
Section 620.1103 Department may assign moneys, limitations — agreement, audit authorized — repayment of funds.

Effective 28 Aug 1995

620.1103. Department may assign moneys, limitations — agreement, audit authorized — repayment of funds. — 1. Notwithstanding any provision of law to the contrary, the department may in its discretion assign moneys from the youth opportunities and violence prevention fund to any entity designated by the department, for programs designated in section 135.460, section 620.1100 and this section, including, but not limited to, schools, state agencies, political subdivisions and agencies thereof, not-for-profit corporations or not-for-profit organizations, the Missouri youth conservation corps, community action agencies, caring community programs, or any other entity or program such as any early childhood program, including, but not limited to, the parents as teachers program or similar programs; provided that, such assignment of funds does not exceed fifteen percent of the total value of the fund, and provided further that no more than ten percent of such funds assigned shall be used for administrative purposes.

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

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(L. 1995 H.B. 174, et al. § 14)

CROSS REFERENCE:

Tax credit for programs within youth opportunity program, 135.460