41-2606

41-2606. Surplus materials revolving
funds

A. The state surplus materials revolving fund is established. All monies coming
into the department derived from state surplus materials fees and charges shall be placed
in the state surplus materials revolving fund. All uncommitted monies in the state
surplus materials revolving fund in excess of one hundred thousand dollars at the close
of any fiscal year revert to the state general fund.

B. The federal surplus materials revolving fund is established. All monies coming
into the department derived from federal surplus materials shall be placed in the federal
surplus materials revolving fund. All uncommitted monies in the federal surplus materials
revolving fund in excess of fifty thousand dollars at the close of any fiscal year shall
be returned to agencies and institutions through discounted service and handling charges
to eligible donees in the following fiscal year until the surplus is depleted.

C. Monies in the funds shall be available, subject to legislative appropriation,
for the purpose of carrying out the provisions of this article.