§ 4-13-2-19 — Appropriations; lapse; exceptions; recognition of encumbered federal funds

(a) Except as specifically provided for in
appropriation acts, every appropriation or part thereof remaining
unexpended and unencumbered at the close of any fiscal year shall
lapse and be returned to the general revenue fund. However, an
appropriation for purchase of real estate or for construction or other
permanent improvement shall not lapse until the purposes for which
the appropriation was made shall have been accomplished or
abandoned, unless such appropriation has remained during an entire
fiscal biennium without any expenditure therefrom or encumbrance
thereon.
(b) Except as otherwise expressly provided by law, the provisions
of this section shall apply to every appropriation of a stated sum for a
specified purpose or purposes made from the general revenue fund, but
shall not, unless expressly so provided by law, apply to any fund or
balance of a fund derived wholly or partly from special taxes, fees,
earnings, fines, federal grants, or other sources which are by law
appropriated for special purposes by standing, continuing, rotary, or
revolving appropriations.
(c) In the case of federal funds encumbered by a state agency that
is the recipient of the federal grant, for purposes of meeting
reimbursements that are to come due after the expiration of the federal
grant, the state agency's encumbrance on its ledgers shall be recognized
as valid by the state comptroller for one (1) year or until the money is
expended, whichever is sooner.
Formerly: Acts 1947, c.279, s.21. As amended by P.L.28-1983,
SEC.11; P.L.136-2018, SEC.8; P.L.9-2024, SEC.90.