§ 10-17-12-9 — Funding sources; investment; nonreversion

Indiana § 10-17-12-9

• Jurisdiction: Indiana
• Title 10: PUBLIC SAFETY
• Art. 17: VETERANS' AFFAIRS
• Ch. 12: Military Family Relief Fund

Text

(a) The fund consists of the following:
(1) Appropriations made by the general assembly.
(2) Donations to the fund.
(3) Interest.
(4) Money transferred to the fund from other funds.
(5) Annual supplemental fees collected under IC 9.
(6) Money from any other source authorized or appropriated for
the fund.
(b) The commission shall transfer the money in the fund not
currently needed to provide assistance or meet the obligations of the
fund to the veterans' affairs trust fund established by IC 10-17-13-3.
(c) Money in the fund at the end of a state fiscal year does not revert
to the state general fund or to any other fund.
(d) There is annually appropriated to the commission for the
purposes of this chapter all money in the fund not otherwise
appropriated to the commission for the purposes of this chapter.
(e) The department may use not more than an amount equal to:
(1) the average annual amount of license plate revenue deposited
into the fund as determined using the three (3) previous state
fiscal years; multiplied by
(2) ten percent (10%);
to cover direct costs associated with the marketing and promotion of
the fund in a particular state fiscal year. The department may not use
any of this amount for administrative costs, including payroll or any
other overhead expenses.

Legislative History

As added by P.L.58-2006, SEC.8. Amended by P.L.144-2007, SEC.13; P.L.50-2009, SEC.7; P.L.113-2010, SEC.78; P.L.198-2016, SEC.635; P.L.53-2021, SEC.4.