335.203. Nurse training incentive fund established--administration.

Nurse training incentive fund established--administration.

335.203. The "Nurse Training Incentive Fund" is herebyestablished in the state treasury. The fund shall beadministered by the coordinating board for higher education.The board shall base its appropriation request on enrollment,graduation and licensure figures for the previous year. Theboard may accept funds from private, federal and other sourcesfor the purposes of sections 335.200 to 335.209. Allappropriations, private donations, and other funds provided tothe board for the implementation of sections 335.200 to 335.209shall be placed in the nurse training incentive fund.Notwithstanding the provisions of section 33.080, RSMo, to thecontrary, funds in the nurse training incentive fund shall notrevert to the general revenue fund. Interest accruing to thefund shall be part of the fund. Grants provided pursuant tosection 335.206 shall be made within the amounts appropriatedtherefor.

(L. 1990 H.B. 1429 § 2)