Indiana Code 10-17-12-9. Funding sources; investment; nonreversion
(1) Appropriations made by the general assembly.
Terms Used In Indiana Code 10-17-12-9
- commission: refers to the Indiana veterans' affairs commission established by IC 10-17-13-4. See Indiana Code 10-17-12-3.5
- department: refers to the Indiana department of veterans' affairs established by IC 10-17-1-2. See Indiana Code 10-17-12-4
- 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 military family relief fund established by section 8 of this chapter. See Indiana Code 10-17-12-6
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(3) Interest.
(4) Money transferred to the fund from other funds.
(5) Annual supplemental fees collected under IC 9.
(6) Money from any other source authorized or appropriated for the fund.
(b) The commission shall transfer the money in the fund not currently needed to provide assistance or meet the obligations of the fund to the veterans’ affairs trust fund established by IC 10-17-13-3.
(c) Money in the fund at the end of a state fiscal year does not revert to the state general fund or to any other fund.
(d) There is annually appropriated to the commission for the purposes of this chapter all money in the fund not otherwise appropriated to the commission for the purposes of this chapter.
(e) The department may use not more than an amount equal to:
(1) the average annual amount of license plate revenue deposited into the fund as determined using the three (3) previous state fiscal years; multiplied by
(2) ten percent (10%);
to cover direct costs associated with the marketing and promotion of the fund in a particular state fiscal year. The department may not use any of this amount for administrative costs, including payroll or any other overhead expenses.
As added by P.L.58-2006, SEC.8. Amended by P.L.144-2007, SEC.13; P.L.50-2009, SEC.7; P.L.113-2010, SEC.78; P.L.198-2016, SEC.635; P.L.53-2021, SEC.4.