The Vermont Statutes Online
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
NOTE: The online version of the Vermont Statutes does NOT yet include the actions of the 2023 legislative session. The 2023 updates should be available by the end of October.
Title 16 : Education
Chapter 090 : FUNDING OF POSTSECONDARY EDUCATION
(Cite as: 16 V.S.A. § 2887)-
§ 2887. The Next Generation Initiative Fund
(a) A Next Generation Initiative Fund is established in the Office of the State Treasurer to comprise appropriations made by the General Assembly and grants, donations, or contributions from any other sources. The Fund shall be administered pursuant to 32 V.S.A. chapter 7, subchapter 5, except that interest earned on the Fund and any remaining balance shall be retained in the Fund.
(b) Annually, the General Assembly shall appropriate monies in the Next Generation Initiative Fund for programs that encourage Vermonters to live and work in Vermont.
(c) [Repealed.] (Added 2005, No. 204 (Adj. Sess.), § 2, eff. May 31, 2006; amended 2009, No. 3 (Sp. Sess.), § 11b, eff. June 10, 2009; 2011, No. 162 (Adj. Sess.), § E.400.)
