Sec. 1.3. (a) As used in this section, "fund" refers to the acid mine drainage abatement and treatment fund established by subsection (b).
(b) The acid mine drainage abatement and treatment fund is established for the purpose of the abatement of the causes and the treatment of the effects of acid mine drainage. The department shall administer the fund.
(c) The fund consists of the following:
(1) Accrued interest and other investment earnings of the fund.
(2) Gifts, grants, donations, or appropriations from any source.
(d) Money in the fund does not revert to the state general fund at the end of a fiscal year.
(e) 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.
As added by P.L.165-2011, SEC.27.
Structure Indiana Code
Title 14. Natural and Cultural Resources
Article 34. Surface Coal Mining and Reclamation
14-34-19-1.3. Acid Mine Drainage Abatement and Treatment Fund
14-34-19-1.5. Reclamation Set-Aside Fund
14-34-19-2. Lands and Water Eligible for Reclamation or Drainage Abatement Expenditures
14-34-19-3. Priorities for Expenditures
14-34-19-4. Director Entering Property to Abate Adverse Effects of Coal Mining Practices
14-34-19-5. Director Entering Property to Conduct Studies or Exploratory Work
14-34-19-6. Acquisition of Adversely Affected Land for Reclamation
14-34-19-7. Title and Price of Land Purchased
14-34-19-8. Public Sale of Land
14-34-19-10. Transfer of Land to State Agency
14-34-19-11. Sale of Land With Governor's Approval
14-34-19-13. Powers of Director
14-34-19-14. Plants for Controlling and Treating Water Pollution From Mine Drainage