§ 18a-62-36

18A:62-36. 'Higher Education Incentive Grant Fund' 8. There is created in the Department of the Treasury a non-lapsing fund, the 'Higher Education Incentive Grant Fund' (the 'grant fund'), which, subject to the availability of funds, shall be used to provide State matching funds against donations to four-year public institutions of higher education, two-year public institutions of higher education, and independent institutions of higher education that receive direct State aid, or their institutionally related foundations, in accordance with the provisions of sections 9 through 11 of this act and subject to the provisions of subsections a. and b. of section 12 of the act. L.1999,c.226, s.8; amended 1999, c.368, s.5.