Sec. 16. (a) The rural transportation road fund is established as a special revenue fund to be administered by the Indiana finance authority.
(b) The money in the rural transportation road fund at the end of any state fiscal year does not revert to any other fund.
(c) The treasurer of state may invest the money in the rural transportation road fund in the manner provided by law for investing money in the state general fund.
(d) The rural transportation road fund is to be used only for the purpose of supplementing the revenues received by the Indiana finance authority as tolls imposed for the use of any toll road or toll bridge project.
As added by P.L.386-1987(ss), SEC.3. Amended by P.L.68-1988, SEC.9; P.L.235-2005, SEC.107.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 9.5. Transportation Agencies
Chapter 8. Indiana Finance Authority: Additional Duties
8-9.5-8-5. Feasibility Studies
8-9.5-8-6. Contracts or Leases; Requisite Provisions
8-9.5-8-7. Contracts; Purposes; Requisite Additional Provisions
8-9.5-8-8. Leases; Purposes; Requisite Additional Provisions
8-9.5-8-9. Tolls; Imposition and Collection
8-9.5-8-10. Toll Road or Toll Bridge Bonds Authorized; Limitations
8-9.5-8-11. Issuance of Additional Bonds