§ 13-18-3-14 — Outstanding state resource water improvement fund; report

Indiana § 13-18-3-14

• Jurisdiction: Indiana
• Art. 18: WATER POLLUTION CONTROL
• Ch. 3: Powers and Duties Concerning Water Pollution Control

Text

(a) The outstanding state resource water
improvement fund is established. All money collected under section 2
of this chapter and any money accruing to the fund are continuously
appropriated to the fund to carry out the purposes of section 2 of this
chapter. Money in the fund at the end of a state fiscal year does not
revert to the state general fund, unless the outstanding state resource
water improvement fund is abolished.
(b) The outstanding state resource water improvement fund shall be
administered as follows:
(1) The fund may be used by the department of environmental
management to fund projects that will lead to overall
improvement to the water quality of the affected outstanding state
resource water.
(2) The treasurer of state may invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public money may be invested.
(3) Any interest received accrues to the fund.
(4) The expenses of administering the fund shall be paid from the
fund.
(c) If money is disbursed from the outstanding state resource water
improvement fund in the previous state fiscal year or the commissioner
determines that the fund had a positive balance at the close of the
previous state fiscal year, the commissioner shall submit a status report
on the fund to the interim study committee on environmental affairs
established by IC 2-5-1.3-4, in an electronic format under IC 5-14-6,
before November 1. The report must include the following information:
(1) Plans for the use and implementation of the outstanding state
resource water improvement fund.
(2) The balance in the fund.

Legislative History

As added by P.L.140-2000, SEC.21. Amended by P.L.78-2009, SEC.17; P.L.53-2014, SEC.125; P.L.130-2018, SEC.64.