Sec. 14. (a) The alternative fuel fueling station grant fund is established to provide grants under this chapter. The fund shall be administered by the office.

     (b) The fund consists of:

Terms Used In Indiana Code 4-4-32.2-14

  • alternative fuel: means liquefied petroleum gas, a compressed natural gas product, or a combination of liquefied petroleum gas and a compressed natural gas product, not including a biodiesel fuel or biodiesel blend, used in an internal combustion engine or a motor to propel a motor vehicle. See Indiana Code 4-4-32.2-1
  • 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.
  • fueling station: refers to tangible property (other than a building and its structural components) that:

    Indiana Code 4-4-32.2-3

  • office: refers to the Indiana office of energy development established by IC 4-3-23-3. See Indiana Code 4-4-32.2-7
(1) money appropriated to the fund by the general assembly;

(2) money received from state or federal grants or programs for alternative fuels projects; and

(3) donations, gifts, and money received from any other source, including transfers from other funds or accounts.

     (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 funds may be invested.

     (d) Money in the fund at the end of a state fiscal year does not revert to the state general fund but remains in the fund to be used exclusively for purposes of this chapter.

     (e) Money in the fund is continuously appropriated for the purposes of this chapter.

As added by P.L.151-2009, SEC.1.

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