HB 373 -- GENERAL EDUCATIONAL DEVELOPMENT REVOLVING FUND
(Wallace)

COMMITTEE OF ORIGIN:  Committee on Elementary and Secondary
Education

This bill creates the General Educational Development (GED)
Revolving Fund to be administered by the Commissioner of
Education.  The source of funds will be fees charged to GED test
applicants.  After appropriation, the moneys in the fund will be
used for the costs of test administration, which are specified in
the bill.  All moneys collected in cost-recovery activities will
be credited to the fund, moneys remaining at the end of the
biennium will not revert to the General Revenue Fund, and any
accruing interest will be credited to the GED Revolving Fund
annually.

FISCAL NOTE:  No impact on state funds in FY 2010, FY 2011, and
FY 2012.

Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:24 am