Indiana § 5-1.2-11-6 Uses of money in supplemental fund

Indiana Statutes

§ 5-1.2-11-6 — Uses of money in supplemental fund

Indiana § 5-1.2-11-6

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.2INDIANA FINANCE AUTHORITY

Ch. 11Supplemental Drinking Water and Wastewater

This text of Indiana § 5-1.2-11-6 (Uses of money in supplemental fund) 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 § 5-1.2-11-6 (2026).

Text

Money in the supplemental fund may be used to do the following:

(1)Provide grants, loans, or other financial assistance to or for the benefit of participants for the planning, designing, acquisition, construction, renovation, improvement, or expansion of the following:

(A)A public water system, whether or not those other activities are allowed by the federal Clean Water Act or the federal Safe Drinking Water Act.

(B)A wastewater or storm water collection and treatment system. The money may be used to pay for other activities necessary or convenient to complete these tasks, regardless of whether those other activities are allowed by the federal Clean Water Act or the federal Safe Drinking Water Act.

(2)Provide grants, loans, or other financial assistance to political subdivisions for ta

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Money in the supplemental fund may be used
to do the following:
(1) Provide grants, loans, or other financial assistance to or for the
benefit of participants for the planning, designing, acquisition,
construction, renovation, improvement, or expansion of the
following:
(A) A public water system, whether or not those other activities
are allowed by the federal Clean Water Act or the federal Safe
Drinking Water Act.
(B) A wastewater or storm water collection and treatment
system.
The money may be used to pay for other activities necessary or
convenient to complete these tasks, regardless of whether those
other activities are allowed by the federal Clean Water Act or the
federal Safe Drinking Water Act.
(2) Provide grants, loans, or other financial assistance to political
subdivisions for tasks associated with the development and
preparation of:
(A) long term control plans;
(B) use attainability analyses; and
(C) storm water management programs.
(3) Provide grants, loans, or other financial assistance to or for the
benefit of participants for the planning, designing, acquisition,
construction, renovation, improvement, or expansion of septic
relief systems in accordance with guidelines of the authority.
(4) Provide interest subsidies.
(5) Establish guaranties, reserves, or sinking funds, including
guaranties, reserves, or sinking funds to secure and pay, in whole
or in part, loans or other financial assistance made from sources
other than the supplemental fund (including financial institutions)
for a purpose allowed by subdivision (1).
(6) Pay financing charges, including interest on the loan or other
financial assistance during construction and for a reasonable
period after the completion of construction.
(7) Pay the cost of administering the supplemental fund and the
supplemental program.
(8) Conduct all other activities that are allowed by the federal
Clean Water Act or the federal Safe Drinking Water Act.