§ 10-14-4-5 — State disaster relief fund

Indiana § 10-14-4-5

• Jurisdiction: Indiana
• Title 10: PUBLIC SAFETY
• Art. 14: EMERGENCY MANAGEMENT
• Ch. 4: State Disaster Relief Fund

Text

(a) The state disaster relief fund is established
to provide financial assistance to:
(1) assist eligible entities in paying for:
(A) the costs of repairing, replacing, or restoring public
property or individual residential real or personal property
damaged or destroyed by a disaster; or
(B) response costs incurred during a disaster;
(2) allow the agency to pay for response costs incurred by the
state or a local unit of government at the direction of the agency;
and
(3) fund disaster mitigation projects.
The agency may provide financial assistance in response to a disaster
only from the balance in the fund that is unobligated.
(b) The fund consists of the following:
(1) Money appropriated by the general assembly.
(2) Money deposited under IC 22-11-14-12(c)(2).
(c) The agency shall administer the fund. Expenses of administering
the fund shall be paid from money in the fund. The treasurer of state
shall invest the money in the fund not currently needed to meet the
obligations of the fund in the same manner as other public funds may
be invested.
(d) Money in the fund at the end of a state fiscal year does not revert
to the state general fund.
[Pre-2003 Recodification Citations: 10-4-1-29(d);
10-4-1-29(e); 10-4-1-29(f).]

Legislative History

As added by P.L.2-2003, SEC.5. Amended by P.L.107-2007, SEC.2; P.L.57-2008, SEC.2; P.L.112-2024, SEC.2.