Rhode Island General Laws
Chapter 35-4 - State Funds
Section 35-4-23.1. - Indirect cost recoveries by state agencies.

§ 35-4-23.1. Indirect cost recoveries by state agencies.
All state agencies shall apply for recovery of indirect costs when recovery is permissible under federal statute and grant regulations. All funds received for indirect costs recovery shall be turned over to the general treasurer and shall be placed in a restricted account in each agency for the specific purposes designated through the annual budget process. The agency shall, through the annual budget process, report to the general assembly the estimated amount of federal indirect cost recoveries for the next fiscal year, together with the intended use of the funds. Nothing contained in this section, however, shall conflict with the powers and duties granted the council on postsecondary education and the council on elementary and secondary education in chapters 59 and 60 of title 16, and the board of trustees for the university of Rhode Island as provided in chapter 32 of title 16.
History of Section.P.L. 1993, ch. 138, art. 5, § 2; P.L. 2019, ch. 88, art. 9, § 11.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 35 - Public Finance

Chapter 35-4 - State Funds

Section 35-4-1. - Revenue credited to general fund — Exceptions — Deposits.

Section 35-4-2. - Payments to general treasurer — Allocations to specific funds.

Section 35-4-3. - Repealed.

Section 35-4-4. - Safekeeping and disbursement of funds.

Section 35-4-4.1. - State Linked Deposit Policy — Short title.

Section 35-4-4.2. - State Linked Deposit Policy — Legislative purpose.

Section 35-4-4.3. - State Linked Deposit Policy — Deposit of funds.

Section 35-4-4.4. - State Linked Deposit Policy — Exceptions.

Section 35-4-4.5. - State Linked Deposit Policy — Enforcement.

Section 35-4-4.6. - State Linked Deposit Policy — Definitions — Exemptions.

Section 35-4-4.7. - Public disclosure.

Section 35-4-5. - Deposit of funds — Purchase of bonds and securities.

Section 35-4-6. - Acceptance of gifts and bequests.

Section 35-4-7. - Sale of gifts and bequests — Deposit of proceeds.

Section 35-4-8. - Checks for payments from treasury.

Section 35-4-9. - Monthly reconciliation of depository accounts — Stopping payment on unpaid checks.

Section 35-4-10. - Veterans’ disability allowances unimpaired.

Section 35-4-11. - Intermodal surface transportation fund.

Section 35-4-12. - Federal reduction relief fund — Creation.

Section 35-4-13. - Federal reduction relief fund — Appropriations for essential state services.

Section 35-4-13.1. - Federal reduction relief fund — Appropriations for excellence in education.

Section 35-4-13.2. - Federal reduction relief fund — Appropriations for textbook modernization and improvement fund.

Section 35-4-13.3. - Federal reduction relief fund — Appropriations for job development programs.

Section 35-4-13.4. - Federal reduction relief fund — Appropriations for housing programs.

Section 35-4-14. - Federal reduction relief fund — Interest earned on investment.

Section 35-4-15. - Federal reduction relief fund — Replenishment of fund.

Section 35-4-16. - Federal reduction relief fund — Severability.

Section 35-4-17. - Central cancer registry and prevention fund.

Section 35-4-18. - Health education, alcohol, and substance abuse prevention program.

Section 35-4-19. - Repealed.

Section 35-4-20. - Contribution of money from water development account fund.

Section 35-4-20.1. - Contribution of money from water development fund — When and how contributions to be made.

Section 35-4-20.2. - Contribution of money from water development fund — Exemptions where federal assistance suspended.

Section 35-4-20.3. - Contribution of money from water development fund — Application for refunds.

Section 35-4-21. - Basic health plan trust account.

Section 35-4-22. - Inclusion of restricted and special revenue funds in budget.

Section 35-4-22.1. - Legislative appropriation authority.

Section 35-4-22.2. - Use of restricted or special revenue funds.

Section 35-4-22.3. - Exceptions and exclusions to §§ 35-4-22.1 and 35-4-22.2.

Section 35-4-23. - Rhode Island capital plan funds.

Section 35-4-23.1. - Indirect cost recoveries by state agencies.

Section 35-4-24. - Custodial funds received and held in trust by state agencies.

Section 35-4-25. - Funds attributable to agency business operations.

Section 35-4-26. - Funds received from vending machines, private donations, and investments.

Section 35-4-27. - Indirect cost recoveries on restricted receipt accounts.

Section 35-4-28. - Conversion of restricted receipt accounts to general revenue accounts.