Sec. 6. (a) Not later than fifteen (15) days after receiving information from the federal government regarding the state’s distribution of federal funds, the department shall calculate the local share for that year and notify the budget agency of the amount.

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Terms Used In Indiana Code 36-9-42.2-6

  • department: refers to the Indiana department of transportation established by IC 8-23-2-1. See Indiana Code 36-9-42.2-1
  • exchanged funds: means the part of the local share exchanged for state dollars in accordance with section 6(b) of this chapter. See Indiana Code 36-9-42.2-2.5
  • federal funds: means the total amount of federal transportation funds provided by the federal government to the state. See Indiana Code 36-9-42.2-3
  • local share: means twenty-five percent (25%) of the federal funds received by the state in a year. See Indiana Code 36-9-42.2-3.3
  • metropolitan planning organization: means a federally mandated transportation policy making organization that:

    Indiana Code 36-9-42.2-3.5

  • program: refers to the federal fund exchange program established by section 5 of this chapter. See Indiana Code 36-9-42.2-4
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
     (b) After approval by the budget director, the department may exchange up to one hundred percent (100%) of the local share for state dollars.

     (c) The department shall allocate the exchanged funds for the following purposes:

(1) To be distributed to eligible entities for projects under the program in accordance with federal law regarding distributions between areas within a metropolitan planning organization and areas not within a metropolitan planning organization.

(2) To be available for direct distribution to eligible entities for projects or annual services including, but not limited to, federally required bridge inspections.

     (d) The department may allocate additional state funds to the program at any time. In making its determination the department shall consider whether additional state funds are available for the program without putting at risk other transportation activities or projects needing state funds.

As added by P.L.141-2013, SEC.1. Amended by P.L.218-2017, SEC.98.

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