Indiana Code 8-15-3-5. “Revenue”
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Terms Used In Indiana Code 8-15-3-5
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- department: refers to the Indiana department of transportation. See Indiana Code 8-15-3-2
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 5. As used in this chapter, “revenue” means any toll, rental, gift, grant, appropriation, money, or other funds or property coming into the possession or under the control of the department under this chapter.
As added by P.L.386-1987(ss), SEC.13.