Indiana Code 9-14-14-3. State motor vehicle technology fund
(b) 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.
Terms Used In Indiana Code 9-14-14-3
- 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.
(d) There is annually appropriated to the bureau the money in the fund to procure as the need arises:
(1) computer equipment and software;
(2) telephone equipment and software;
(3) electronic queue systems;
(4) other related devices; or
(5) technology services;
subject to the approval of the budget agency.
(e) The fund consists of the following:
(1) Money deposited in or distributed to the fund under this title.
(2) Money deposited in the fund under IC 9-29-16-5 (before its repeal).
(3) Money received from any other source, including appropriations.
[Pre-2016 Revision Citations: subsection (a) formerly 9-29-16-1; subsection (b) formerly 9-29-16-2; subsection (c) formerly 9-29-16-3; subsection (d) formerly 9-29-16-4; subsection (e) formerly 9-29-16-5.]
As added by P.L.198-2016, SEC.194.