Indiana Code 10-14-4-5. State disaster relief fund
(1) assist eligible entities in paying for:
Terms Used In Indiana Code 10-14-4-5
- disaster: has the meaning set forth in IC 10-14-3-1. See Indiana Code 10-14-4-1
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- fund: refers to the state disaster relief fund established by this chapter. See Indiana Code 10-14-4-3
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(B) response costs incurred during a disaster;
(2) allow the agency to pay for response costs incurred by the state or a local unit of government at the direction of the agency; and
(3) fund disaster mitigation projects.
The agency may provide financial assistance in response to a disaster only from the balance in the fund that is unobligated.
(b) The fund consists of the following:
(1) Money appropriated by the general assembly.
(2) Money deposited under IC 22-11-14-12(c)(2).
(c) The agency shall administer the fund. Expenses of administering the fund shall be paid from money in the fund. The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested.
(d) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
[Pre-2003 Recodification Citations: 10-4-1-29(d); 10-4-1-29(e); 10-4-1-29(f).]
As added by P.L.2-2003, SEC.5. Amended by P.L.107-2007, SEC.2; P.L.57-2008, SEC.2; P.L.112-2024, SEC.2.