Indiana § 4-30-17-3.5 Transfer of revenue

Indiana Statutes

§ 4-30-17-3.5 — Transfer of revenue

Indiana § 4-30-17-3.5

Art. 30INDIANA STATE LOTTERY

Ch. 17Lottery Surplus Fund

This text of Indiana § 4-30-17-3.5 (Transfer of revenue) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 4-30-17-3.5 (2026).

Text

5.

(a)Before the twenty-fifth day of the month, the state comptroller shall transfer from the lottery surplus fund to the state general fund motor vehicle excise tax replacement account nineteen million seven hundred one thousand three hundred forty-four dollars ($19,701,344) per month.

(b)This subsection applies only if insufficient money is available in the lottery surplus fund to make the distributions to the state general fund motor vehicle excise tax replacement account that are required under subsection (a). Before the twenty-fifth day of each month, the state comptroller shall transfer from the state general fund to the state general fund motor vehicle excise tax replacement account the difference between:

(1)the amount that subsection (a) requires the state comptroller to distri

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5. (a) Before the twenty-fifth day of the
month, the state comptroller shall transfer from the lottery surplus fund
to the state general fund motor vehicle excise tax replacement account
nineteen million seven hundred one thousand three hundred forty-four
dollars ($19,701,344) per month.
(b) This subsection applies only if insufficient money is available in
the lottery surplus fund to make the distributions to the state general
fund motor vehicle excise tax replacement account that are required
under subsection (a). Before the twenty-fifth day of each month, the
state comptroller shall transfer from the state general fund to the state
general fund motor vehicle excise tax replacement account the
difference between:
(1) the amount that subsection (a) requires the state comptroller
to distribute from the lottery surplus fund to the state general fund
motor vehicle excise tax replacement account; and
(2) the amount that is available for distribution from the lottery
surplus fund to the state general fund motor vehicle excise tax
replacement account.
The transfers required under this subsection are annually appropriated
from the state general fund.

Legislative History

As added by P.L.33-1990, SEC.3. Amended by P.L.25-1995, SEC.4; P.L.260-1997(ss), SEC.39; P.L.186-2002, SEC.2; P.L.108-2019, SEC.63; P.L.9-2024, SEC.106.