Sec. 27. (a) The Marion County violent crime reduction pilot project fund is established to carry out the purposes of the Marion County violent crime reduction pilot project described in section 26 of this chapter. Money in the fund may be used only to carry out the purposes of the fund.

     (b) The fund shall be administered by the Indiana criminal justice institute.

     (c) The fund consists of:

(1) appropriations from the general assembly;

(2) other appropriations;

(3) grants; and

(4) donations.

     (d) 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 money may be invested. Interest that accrues from these investments shall be deposited in the fund.

     (e) This section expires December 31, 2027.

As added by P.L.103-2022, SEC.2.