Sec. 1. (a) The Title V operating permit program trust fund is established to provide a source of money for the implementation, enforcement, and administration of the operating permit program required to implement 42 U.S.C. § 7661 through 7661f of the federal Clean Air Act, as provided in sections 2 through 9 of this chapter.

     (b) The expenses of administering the fund shall be paid from the money in the fund.

Terms Used In Indiana Code 13-17-8-1

  • 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.
     (c) 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.

     (d) Money in the fund at the end of a state fiscal year does not revert to the state general fund.

     (e) The sources of money for the fund are the following:

(1) Fees collected under the operating permit program required to implement 42 U.S.C. § 7661 through 7661f.

(2) Appropriations made by the general assembly.

     (f) Money in the fund may be used only to pay the costs of the operating permit program activities described in section 3 of this chapter.

     (g) Revenues that accrue to the fund are appropriated to the department for the purposes described in section 3 of this chapter.

[Pre-1996 Recodification Citation: 13-1-1-25.]

As added by P.L.1-1996, SEC.7.

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