There is created a special fund in the State Treasury, to be known as the 'Independent Schools' COVID-19 Assistance Grant Fund,' from which the grants authorized by Sections 37-185-1 through 37-185-9 shall be disbursed by the MDA. All monies shall be disbursed from the fund in compliance with the guidelines, guidance, rules, regulations and/or other criteria, as may be amended from time to time, of the United States Department of the Treasury regarding the use of monies from the Coronavirus Relief Fund established by the CARES Act. If on December 1, 2020, there are unobligated monies in the fund, those funds shall lapse into the Budget Contingency Fund, to be transferred, by the State Fiscal Officer, into the Unemployment Compensation Fund.Added by Laws, 2020, ch. 489, HB 1793,§ 11, (became law without the Governor's signature on July 9, 2020).
Mississippi Legal Code