§354D-10  Correctional industries revolvingfund.  (a)  There is created the correctional industries revolving fund tobe administered by the department.  All moneys collected by the department fromthe sale or disposition of goods and services produced in accordance with thischapter and any inmate deductions shall be deposited into the correctionalindustries revolving fund.  The proceeds in the correctional industriesrevolving fund shall be used for:  the purchase or lease of supplies,equipment, and machinery; the construction, leasing, or renovating of buildingsused to carry out the purposes of this chapter; the salaries of personnelnecessary to administer the enterprises established in accordance with thischapter; payment of inmates for work assignments; the reimbursement ofincarceration costs of the inmates related to the inmates' participation incorrectional industries; and other necessary expenses; provided that thecorrectional industries revolving fund shall not be maintained in excess of theamount necessary to carry out the purposes of this chapter.

(b)  The director shall perform actuarialevaluations of the management and operation of the fund from time to time, asmay be necessary, to ensure that the fund is self-sufficient. [L 1990, c 341,pt of §1; am L 1991, c 256, §4; am L 1993, c 280, §56 and c 303, §1]

 

Note

 

  Transfer of certain interest earnings to the general funduntil June 30, 2015.  L 2009, c 79, §30(a)(34).