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8a-431
8A.431 IOWA MANAGEMENT TRAINING SYSTEM -- TRAINING
REVOLVING FUND.
1. The department shall establish and administer an Iowa
management training system for the state.
2. A training revolving fund is created in the state treasury
under the control of the department. The moneys credited to the fund
shall be used for the purpose of paying actual and necessary expenses
incurred by the department in administering the training system. All
fees, grants, or specific appropriations for this purpose shall be
credited to the fund. The fees for the training system courses shall
be set by the director to cover the costs of course development,
training materials, facilities and equipment, professional
instructors, and administration. The fees shall be paid to the
department by the state agency sending the employees for training and
the payment shall be credited to the training revolving fund.
Notwithstanding section 8.33, moneys in the revolving fund shall not
revert. Notwithstanding section 12C.7, subsection 2, interest or
earnings on moneys deposited in the fund shall be credited to the
fund. Section History: Recent Form
2003 Acts, ch 145, §67
