Indiana § 6-8-1-27 Disposition of revenues

Indiana Statutes

§ 6-8-1-27 — Disposition of revenues

Indiana § 6-8-1-27

Art. 8MISCELLANEOUS

Ch. 1Petroleum Severance Tax

This text of Indiana § 6-8-1-27 (Disposition of revenues) 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 § 6-8-1-27 (2026).

Text

(a)Money received under this chapter shall be paid by the department into a fund to be kept by the treasurer of state and known as the oil and gas fund.

(b)Money paid into this fund shall be devoted to the following purposes upon appropriation:

(1)To the expenses of administering this chapter.

(2)To the division of reclamation of the department of natural resources for the purpose of administering IC 14-37.

(3)To research pertaining to exploration for, development of, and wise use of petroleum resources in Indiana. Formerly: Acts 1947, c.278, s.27. As amended by Acts 1982, P.L.63, SEC.1; P.L.109-1988, SEC.17; P.L.1-1995, SEC.53; P.L.127-2022, SEC.1.

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(a) Money received under this chapter shall be
paid by the department into a fund to be kept by the treasurer of state
and known as the oil and gas fund.
(b) Money paid into this fund shall be devoted to the following
purposes upon appropriation:
(1) To the expenses of administering this chapter.
(2) To the division of reclamation of the department of natural
resources for the purpose of administering IC 14-37.
(3) To research pertaining to exploration for, development of, and
wise use of petroleum resources in Indiana.
Formerly: Acts 1947, c.278, s.27. As amended by Acts 1982,
P.L.63, SEC.1; P.L.109-1988, SEC.17; P.L.1-1995, SEC.53;
P.L.127-2022, SEC.1.