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The state treasurer is the chief banker and investment officer for the state of Arizona. In this capacity, the state treasurer receives payments made to the state, accounts for and manages the state's cash flows, provides banking services to state agencies, directs and administers the investment of the state's approximately $95.9 billion portfolio, and disburses public monies in payment of ...
The Governor is the chief executive of the state's government. The governor is responsible for upholding the Alabama Constitution and executing state law. The governor is elected by popular election every four years. The constitution limits the governor to two consecutive terms, but there is no limit on the total number of terms one may serve ...
Supplemental needs trust is a US-specific term for a type of special needs trust (an internationally recognized term). [1] Supplemental needs trusts are compliant with provisions of US state and federal law and are designed to provide benefits to, and protect the assets of, individuals with physical, psychiatric, or intellectual disabilities, and still allow such persons to be qualified for ...
t. e. A special needs trust, also known in some jurisdictions as a supplemental needs trust, is a specialized trust that allows the disabled beneficiary to enjoy the use of property that is held in the trust for his or her benefit, while at the same time allowing the beneficiary to receive essential needs-based government benefits.
Special needs trusts typically work in a similar way, with the money remaining in the trust after the beneficiary’s death going to pay back Medicaid services provided after the establishment of ...
Alabama: Alabama Trust Fund: 2.5: June 2016 [9] Petroleum: 8 Utah: State School Fund 2.0: March 2015 [10] Public lands 9 Oregon: Oregon Common School Fund: 1.4: December 2016 [11] Public lands 10 Louisiana: Louisiana Education Quality Trust Fund: 1.3: June 2016 [12] Petroleum: 11 Montana: Coal Severance Tax Trust Fund & Public School Trust 1.2 ...
The state treasurer serves as the chief custodian of each state's treasury and as the state's head banker. Typically, they receive and deposit state monies, manages investments, and keeps track of budget surpluses and deficits. The position has powers and responsibilities similar to those of the United States Secretary of the Treasury and the ...
Private school choice programs in states such as Arizona, Florida, and Indiana allow parents to opt out of this byzantine system altogether, and it's working: There are now at least 137,000 ...