Examples of Guaranteed Political Subdivision Subfund in a sentence
Unlike the Guaranteed Political Subdivision Subfund, requests for funding from the Discretionary Subfund need not be made by a Political Subdivision or on its behalf.
The Board may seek amendments and modifications to this Agreement and to applicable laws and court orders as needed to carry out its responsibilities, but the Board may not seek to modify the allocations provided for in this Agreement, including the amounts paid into the Guaranteed Political Subdivision Subfund and the Discretionary Subfund.
Political Subdivisions are permitted and encouraged to seek funds from the Discretionary Subfund both for additional projects and to supplement projects funded by the Guaranteed Political Subdivision Subfund.
The Board may receive up to one percent (1%) of the South Carolina Opioid Recovery Fund for costs and expenses associated with their administration of the Guaranteed Political Subdivision Subfund and the Discretionary Subfund.
The duties and roles of the Board with respect to the Guaranteed Political Subdivision Subfund are ministerial only, and the Board has no discretion with respect to disbursing amounts allocated to the Political Subdivisions so long as the Political Subdivision’s application seeks funding for one of more of the Approved Abatement Strategies set forth in Exhibit C.
Board for the Guaranteed Political Subdivision Sub-fund, to Accept the Grant, if Awarded, and to Authorize and Appropriate Opioid Settlement Funds for the Calendar Year 2024.
For Opioid Settlement Funds paid by a Pharmaceutical Supply Chain Participant in 2030 or thereafter, fifty percent (50%) to the Guaranteed Political Subdivision Subfund and fifty percent (50%) to the Discretionary Subfund.
The Board shall establish one or more accounts for the management of the South Carolina Opioid Recovery Fund, the Guaranteed Political Subdivision Subfund, and the Discretionary Subfund, including for administrative purposes.