Indiana § 22-12-6-1 Fire and building services fund

Indiana Statutes

§ 22-12-6-1 — Fire and building services fund

Indiana·Art. 12 FIRE SAFETY, BUILDING, AND EQUIPMENT·Ch. 6 Administration of Funds; Fire Insurance Policy Premium

(a)The fire and building services fund is established for the purpose of defraying the personal services, other operating expense, and capital outlay of the following:

(1)The department.

(2)The education board.

(3)The commission.

(b)The fund shall be administered by the department. Money collected for deposit in the fund shall be deposited at least monthly with the treasurer of state.

(c)The treasurer of state shall deposit the following collected amounts in the fund:

(1)Fire insurance policy premium taxes assessed under section 5 of this chapter.

(2)Except as provided in section 6(d) of this chapter, all fees collected under this chapter.

(3)Any money not otherwise described in this subsection but collected by the department, commission, or education board and designated for dist

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(a) The fire and building services fund is
established for the purpose of defraying the personal services, other
operating expense, and capital outlay of the following:
(1) The department.
(2) The education board.
(3) The commission.
(b) The fund shall be administered by the department. Money
collected for deposit in the fund shall be deposited at least monthly
with the treasurer of state.
(c) The treasurer of state shall deposit the following collected
amounts in the fund:
(1) Fire insurance policy premium taxes assessed under section 5
of this chapter.
(2) Except as provided in section 6(d) of this chapter, all fees
collected under this chapter.
(3) Any money not otherwise described in this subsection but
collected by the department, commission, or education board and
designated for distribution to the fund by statute or the executive
director of the department.
(4) A fee collected by the education board for the issuance of a
certification under IC 22-14-2-7.
(d) 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.
(e) Money in the fund at the end of a fiscal year does not revert to
the state general fund.

Indiana § 22-12-6-1 (Fire and building services fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.245-1987, SEC.1. Amended by P.L.38-1990, SEC.2; P.L.1-2006, SEC.352; P.L.101-2006, SEC.33; P.L.249-2019, SEC.19; P.L.187-2021, SEC.69.