§ 8-14-14-6 — Distributions from the fund

(a) If the authority enters into a public-private
agreement concerning the Indiana Toll Road under IC 8-15.5, the
auditor of state shall make the following distributions from the fund for
the indicated purposes:
(1) One hundred fifty million dollars ($150,000,000) to the
treasurer of state for deposit in the motor vehicle highway account
established by IC 8-14-1. Notwithstanding IC 8-14-1, on or before
October 15, 2006, and on or before October 15, 2007, the auditor
of state shall distribute seventy-five million dollars ($75,000,000)
of the money deposited in the motor vehicle highway account
under this subdivision to each of the counties, cities, and towns
eligible to receive a distribution from the motor vehicle highway
account under IC 8-14-1 and in the same proportion among the
counties, cities, and towns as funds are distributed from the motor
vehicle highway account under IC 8-14-1. The auditor of state:
(A) shall make the distributions required by this subdivision
separately from distributions required by IC 8-14-1; and
(B) may not combine the distributions required by this
subdivision with distributions required by IC 8-14-1.
Money distributed under this subdivision may be used only for
purposes that money distributed from the motor vehicle highway
account may be expended under IC 8-14-1.
(2) The following amounts to the northwest Indiana regional
development authority for deposit in the development authority
revenue fund established under IC 36-7.5-4-1:
(A) Forty million dollars ($40,000,000) during the state fiscal
year beginning July 1, 2006. During the state fiscal year
beginning July 1, 2006, the regional development authority
must pay at least twenty million dollars ($20,000,000) of the
distribution received under this clause to an airport authority
that is carrying out an airport expansion project described in IC 36-7.5-2-1(2).
(B) Eighty million dollars ($80,000,000) to be distributed in
installments of ten million dollars ($10,000,000) during the
state fiscal year beginning July 1, 2007, and each of the seven
(7) state fiscal years thereafter.
However, no distributions may be made under clause (B) until the
development authority's comprehensive strategic development
plan prepared under IC 36-7.5-3-4 has been reviewed by the
budget committee and approved by the director of the office of
management and budget. In addition, no distributions may be
made under clause (B) during the state fiscal years beginning July
1, 2009, July 1, 2011, and July 1, 2013, unless the budget
committee has reviewed the status of the plan and any changes to
the plan.
(3) The following amounts to each of the following counties on or
before September 15, 2006, for deposit in local major moves
construction funds under IC 8-14-16:
(A) Forty million dollars ($40,000,000) to each county
described in IC 8-14-16-1(1) through IC 8-14-16-1(5).
However, if a county described in IC 8-14-16-1(3) becomes a
member of the northwest Indiana regional development
authority, the distribution to that county is twenty-five million
dollars ($25,000,000) instead of forty million dollars
($40,000,000).
(B) Twenty-five million dollars ($25,000,000) to each county
described in IC 8-14-16-1(6).
(C) Fifteen million dollars ($15,000,000) to each county
described in IC 8-14-16-1(7).
(4) One hundred seventy-nine million dollars ($179,000,000)
during the state fiscal year beginning July 1, 2006, to the state
highway fund for use by the department for preliminary
engineering, purchase of rights-of-way, or construction of
highways, roads, and bridges. After review by the budget
committee, and subject to the approval of the governor, the
budget agency may augment this distribution from balances
available in the fund.
(5) An amount sufficient to provide for the payments owed by the
authority as a result of a written agreement entered into under IC 8-15.5-7-6 to fund reductions in, or refunds of, user fees imposed
on Class 2 vehicles, or to establish or replenish the reserves
therefore, to the administration account of the toll road fund. The
budget agency shall determine the amount of the distributions
required to be made by this subdivision for each state fiscal year
beginning with the state fiscal year ending June 30, 2007, and
ending with the state fiscal year ending June 30, 2016.
(6) An amount sufficient to make any payments required by IC 5-10.3-6-8.9 as a result of a public-private agreement under IC 8-15.5.
(b) There is annually appropriated from the fund an amount
sufficient to make any distributions required by subsection (a).

Legislative History

As added by P.L.47-2006, SEC.5. Amended by P.L.189-2018, SEC.74.