Section 35A-15-203 - School Readiness Restricted Account - Creation - Funding -Distribution of funds(1) There is created in the General Fund a restricted account known as the "School Readiness Restricted Account."(2) The School Readiness Restricted Account consists of: (a) money appropriated by the Legislature;(b) all income and interest derived from the deposit and investment of money in the account;(3) Subject to legislative appropriations, money in the restricted account may be used: (a) to award a grant under Section 35A-15-301 or 35A-15-302;(b) to contract with an evaluator;(c) to fund the participation of eligible students in a high quality school readiness program through a results-based contract; and(d) for administration costs and to monitor the programs described in this part.(4) Money for awards under Subsection (3)(a) shall be allocated in the following order to: (a) pay results-based contracts;(b) grant awards under Section 35A-15-302; and(c) if any allocated funds remain, grant awards under Section 35A-15-301.Amended by Chapter 525, 2024 General Session ,§ 3, eff. 7/1/2024.Renumbered from § 35A-3-210 and amended by Chapter 342, 2019 General Session ,§ 5, eff. 5/14/2019.Renumbered from § 53F-9-402 and amended by Chapter 389, 2018 General Session ,§ 2, eff. 7/1/2018.Renumbered from § 53A-1b-104 to § 53F-9-402 and amended by Chapter 2, 2018 General Session ,§ 191, eff. 1/24/2018.Added by Chapter 304, 2014 General Session ,§ 4, eff. 5/13/2014.