Indiana § 5-1.2-1-1 Purposes of the authority

Indiana Statutes

§ 5-1.2-1-1 — Purposes of the authority

Indiana § 5-1.2-1-1

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.2INDIANA FINANCE AUTHORITY

Ch. 1Purpose and Scope of Authority; General Provisions

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Bluebook

Ind. Code § 5-1.2-1-1 (2026).

Text

The authority exists and shall operate for the following public purposes:

(1)Assisting, at the request of a state agency, with project or program development on behalf of or in cooperation with the state agency.

(2)Providing decision making concerning access to the capital and financial markets in the name of, or for the benefit of, the state.

(3)Enabling the state to communicate, with a single voice, with the various participants in the financial markets, including credit rating agencies, investment bankers, investors, and municipal bond insurers and other credit enhancers.

(4)Facilitating opportunities for gainful employment and business opportunities by the financing of economic development projects, intrastate and interstate sales, transactions, and business activities.

(5)Facilit

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The authority exists and shall operate for the
following public purposes:
(1) Assisting, at the request of a state agency, with project or
program development on behalf of or in cooperation with the state
agency.
(2) Providing decision making concerning access to the capital
and financial markets in the name of, or for the benefit of, the
state.
(3) Enabling the state to communicate, with a single voice, with
the various participants in the financial markets, including credit
rating agencies, investment bankers, investors, and municipal
bond insurers and other credit enhancers.
(4) Facilitating opportunities for gainful employment and business
opportunities by the financing of economic development projects,
intrastate and interstate sales, transactions, and business activities.
(5) Facilitating the educational enrichment (including cultural,
intellectual, scientific, or artistic opportunities) of all the people
of the state by the financing of educational facility projects.
(6) Preventing and remediating environmental pollution,
including water pollution, air pollution, sewage and solid waste
disposal, radioactive waste, thermal pollution, radiation
contamination, and noise pollution affecting the health and
well-being of the people of the state by:
(A) the financing of economic development projects; and
(B) carrying out the purposes of this article.
(7) Facilitating the provision of safe and adequate drinking water,
helping to upgrade deteriorating infrastructure, and facilitating
wastewater and storm water management to positively affect the
public health and well-being of the people of the state.
(8) Financing state and local infrastructure, facilities, and assets
that are publicly owned, operated, or otherwise supported under
this article.
(9) Carrying out the purposes of IC 5-1-17.5 concerning a
motorsports investment district.
(10) Administering a regional development authority
infrastructure fund established under IC 36-9-43-9.
(11) Managing, applying, and operating each of the programs in
a manner to positively affect the public health, economic welfare,
and well-being of the state and its citizens.
(12) Otherwise positively affecting the public health, economic
welfare, and well-being of the state and its citizens by carrying
out the purposes of this article.