§ 8-14-14-1 “Authority”
§ 8-14-14-2 “Department”
§ 8-14-14-3 “Fund”
§ 8-14-14-4 “Transportation plan”
§ 8-14-14-5 Establishment of fund; administration
§ 8-14-14-6 Distributions from the fund
§ 8-14-14-7 Additional distributions from the fund
§ 8-14-14-8 Allocation of distributions for certain projects
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Terms Used In Indiana Code > Title 8 > Article 14 > Chapter 14 - Major Moves Construction Fund

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • authority: refers to the Indiana finance authority established by Indiana Code 8-14-14-1
  • Contract: A legal written agreement that becomes binding when signed.
  • department: refers to the Indiana department of transportation. See Indiana Code 8-14-14-2
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • 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 major moves construction fund established by section 5 of this chapter. See Indiana Code 8-14-14-3
  • Highway: includes county bridges and state and county roads, unless otherwise expressly provided. See Indiana Code 1-1-4-5
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • transportation plan: refers to the department's long range comprehensive transportation plan developed under IC 8-23-2-5. See Indiana Code 8-14-14-4
  • User fees: Fees charged to users of goods or services provided by the government. In levying or authorizing these fees, the legislature determines whether the revenue should go into the treasury or should be available to the agency providing the goods or services.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5