Indiana Code 36-9-42.2-3.3. “Local share”
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Terms Used In Indiana Code 36-9-42.2-3.3
- federal funds: means the total amount of federal transportation funds provided by the federal government to the state. See Indiana Code 36-9-42.2-3
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 3.3. As used in this chapter, “local share” means twenty-five percent (25%) of the federal funds received by the state in a year.
As added by P.L.218-2017, SEC.94.