Sec. 27. (a) The fire prevention and public safety fund is established. The fund shall be administered by the state fire marshal. Money in the fund may be used to support:

(1) fire safety and prevention programs;

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Terms Used In Indiana Code 22-14-7-27

  • 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.
  • Oversight: Committee review of the activities of a Federal agency or program.
(2) processing, testing, enforcement, and oversight activities under this chapter; and

(3) public safety education and outreach programs, including, but not limited to, youth helmet safety.

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

     (c) The treasurer of state shall invest 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.

     (d) The fund consists of:

(1) certification fees collected under section 21 of this chapter;

(2) penalties recovered under section 24 of this chapter; and

(3) grants, gifts, and donations intended for deposit in the fund.

     (e) The money in the fund at the end of the state fiscal year does not revert to the state general fund.

As added by P.L.82-2008, SEC.1. Amended by P.L.43-2020, SEC.4; P.L.57-2020, SEC.12.