Sec. 10.5. (a) This section applies after June 30, 2017.
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Terms Used In Indiana Code 9-18.1-5-10.5
- 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.
- Highway: includes county bridges and state and county roads, unless otherwise expressly provided. See Indiana Code 1-1-4-5
(c) The fees collected as described in subsection (b) during each state fiscal year shall be distributed as follows:
(1) The first one hundred twenty-five thousand dollars ($125,000) to the state construction fund.
(2) Any remaining amounts to the motor vehicle highway account.
As added by P.L.218-2017, SEC.87. Amended by P.L.185-2018, SEC.34; P.L.108-2019, SEC.170.
