Section 121.086 | High school financial literacy fund.
There is hereby created the high school financial literacy fund, which is in the custody of the treasurer of state, but is separate, apart from, and not a part of the state treasury. The fund shall consist of any moneys appropriated to it, any interest and earnings from the fund, and any other donations, grants, gifts, or other moneys received. Moneys in the fund may be invested by the treasurer of state in the classifications of obligations set forth in section 135.143 of the Revised Code. All investment earnings of the fund shall be credited to the fund. The superintendent of public instruction shall be the administrator of the fund and shall use moneys in the fund only for the purposes specified in divisions (B) and (E) of section 3319.239 of the Revised Code and repayment of funds pursuant to Section 3 of S.B. 1 of the 134th general assembly.
Last updated November 1, 2021 at 2:40 PM
Available Versions of this Section
- January 27, 2022 – Enacted by Senate Bill 1 - 134th General Assembly [ View January 27, 2022 Version ]