Sec. 6. (a) The worker’s compensation supplemental administrative fund is established for the purpose of carrying out the administrative purposes and functions of the worker’s compensation board.

     (b) The fund consists of:

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Terms Used In Indiana Code 22-3-5-6

  • 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.
(1) fees collected from employers under sections 1 through 2 of this chapter;

(2) fees collected under IC 22-3-2-14.5, IC 22-3-3-5(d), IC 22-3-7-17(g), and IC 22-3-7-34.5; and

(3) civil penalties assessed under IC 22-3-4-15, section 2.5 of this chapter, and IC 22-3-7-34.3.

     (c) The fund shall be administered by the worker’s compensation board. Money in the fund is annually appropriated to the worker’s compensation board and shall be used for all expenses incurred by the worker’s compensation board.

     (d) The money in the fund is not to be used to replace funds otherwise appropriated to the board. 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.170-1991, SEC.16. Amended by P.L.75-1993, SEC.4; P.L.202-2001, SEC.6; P.L.168-2011, SEC.10.

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