590 IAC 3-1-9

590 IAC 3-1-9 Payment of funds; noncompliance

Last amended: 2023Year: 2027Length: 168 wordsOfficial source

Cite as Ind. Admin. Code tit. 590, r. 3-1-9

Sec. 9. (a) Payment of funds for the statewide PLAC program will be paid out on the basis of net loans under IC 4-23-7.1-5.2(d). Money paid into the PLAC fund plus the interest earned on this fund during a calendar year will be divided by the number of net loans made to PLAC cardholders and the resulting figure will be the per net loan figure paid to libraries. (b) Libraries with net PLAC loans must meet "Minimum Standards for Public Libraries" as stated in 590 IAC 6-1-4 in order to be eligible for reimbursement through the PLAC program. A voucher shall be completed and signed by each library to complete the reimbursement process. (c) A library determined to be in noncompliance with the terms of the PLAC program may appeal the decision at the first Indiana library and historical board meeting following the notification to the library of the judgment. The Indiana library and historical board will render a final decision after hearing the appeal of the library.