§ 4-10-18-9 — General fund revenues; shortfall; transfers

If the total state general fund revenues for a
state fiscal year, in which a transfer into the fund is made, are less than
the level estimated in the budget report prepared in accord with IC 4-12-1-12(a) or IC 4-12-1-12(c) and the shortfall cannot be attributed
to a statutory change in the tax rate, the tax base, the fee schedules, or
the revenue sources from which the general fund revenue estimate was
made, the budget director, with the approval of the governor, may
transfer from the fund to the state general fund an amount that may not
exceed the amount that was transferred into the fund during that state
fiscal year.
As added by Acts 1982, P.L.22, SEC.1. Amended by
P.L.217-2017, SEC.38.