Indiana Statutes

§ 8-14-17-5 — Uses of fund

Indiana·Art. 14 HIGHWAY FINANCES·Ch. 17 Alternative Transportation Construction Fund

Money in the fund may be used for any of the following purposes:

(1)The payment of any obligation incurred or amounts owed by the authority, the department, or an operator under IC 8-15.7 in connection with the execution and performance of a public-private agreement under IC 8-15.7 for a passenger or freight railroad system as described in IC 8-15.7-2-14(a)(4).
(2)Lease payments to the authority, if money for those payments is specifically appropriated by the general assembly.

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Legislative History

As added by P.L.203-2007, SEC.4.

Nearby Sections

15
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