§ 16-41-39.8-7 — Lead trust fund; use of money in fund

Indiana § 16-41-39.8-7

• Jurisdiction: Indiana
• Title 16: HEALTH
• Art. 41: PUBLIC HEALTH MEASURES FOR THE
• Ch. 39.8: Lead-Based Paint Activities

Text

(a) The lead trust fund established by IC 13-17-14-6 (repealed) is reestablished to provide a source of money for
the purposes set forth in subsection (f).
(b) The expenses of administering the fund shall be paid from the
money in the fund.
(c) 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 money may be invested. Interest that accrues
from these investments shall be deposited in the fund.
(d) Money in the fund at the end of a state fiscal year does not revert
to the state general fund.
(e) The sources of money for the fund are the following:
(1) License fees established under section 6 of this chapter.
(2) Appropriations made by the general assembly, gifts, and
donations intended for deposit in the fund.
(3) Penalties imposed under sections 14 and 15 of this chapter for
violations of this chapter and rules adopted under this chapter
concerning lead-based paint activities.
(4) Any gifts and grants to the fund.
(f) The state department may use money in the fund to do the
following:
(1) Pay the expenses of administering this chapter.
(2) Cover other costs related to implementation of 40 CFR 745 for
lead-based paint activities in target housing and child occupied
facilities.

Legislative History

As added by P.L.57-2009, SEC.17. Amended by P.L.156-2011, SEC.38.