NRS 391A.575: Teach Nevada Recruitment, Preparation and Retention Program Account: Creation; administration; gifts, grants and donations; use of money in Account. [Effective July 1, 2027.]

1. The Teach Nevada Recruitment, Preparation and Retention Program Account is hereby created in the State General Fund. The Account must be administered by the Department.

2. The interest and income earned on:

(a) The money in the Account, after deducting any applicable charges; and

(b) Unexpended appropriations made to the Account from the State General Fund,

Ê must be credited to the Account.

3. Any money remaining in the Account at the end of a fiscal year, including, without limitation, any unexpended appropriations made to the Account from the State General Fund does not revert to the State General Fund, and the balance in the Account must be carried forward to the next fiscal year.

4. The Department may accept gifts and grants of money from any source for deposit in the Account.

5. The money in the Account may be used to award grants to universities, colleges and other providers of an alternative licensure program that are approved to award scholarships pursuant to NRS 391A.585.