Sec. 3. (a) To provide for the cumulative
bridge fund, county executives and municipal legislative bodies may levy a tax in compliance with
IC 6-1.1-41 not to exceed ten cents ($0.10) on each one hundred dollars ($100) assessed valuation of all taxable personal and
real property within the county or municipality.
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Terms Used In Indiana Code 8-16-3-3
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Bridge: means any structure designed to carry vehicular traffic over or under an obstacle to the normal flow of traffic and including any grade separation, culvert, or approach to a bridge. See Indiana Code 8-16-3-1.5
(c) An appropriation from the bridge fund may be made without the approval of the department of local government finance if:
(1) the county executive requests the appropriation; and
(2) the appropriation is for the purpose of constructing, maintaining, or repairing bridges, approaches, or grade separations.
Formerly: Acts 1951, c.299, s.3; Acts 1975, P.L.92, SEC.1. As amended by P.L.24-1986, SEC.33; P.L.86-1988, SEC.20; P.L.118-1989, SEC.1; P.L.17-1995, SEC.9; P.L.6-1997, SEC.136; P.L.90-2002, SEC.322.
