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INDIANA STATUTES AND CODES

CHAPTER 16. STATE MOTOR VEHICLE TECHNOLOGY FUND

IC 9-29-16
     Chapter 16. State Motor Vehicle Technology Fund

IC 9-29-16-1
Establishment of fund; administration
    
Sec. 1. The state motor vehicle technology fund is established for the purpose of paying for new technology as it becomes available to carry out the functions of IC 9-14-2. The fund shall be administered by the bureau. This fund is in addition to normal budgetary appropriations.
As added by P.L.176-2001, SEC.33.

IC 9-29-16-2
Investments
    
Sec. 2. 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.
As added by P.L.176-2001, SEC.33.

IC 9-29-16-3
Money not reverting to general fund
    
Sec. 3. Money in the fund at the end of a state fiscal year does not revert to the state general fund.
As added by P.L.176-2001, SEC.33.

IC 9-29-16-4
Appropriations for technical equipment
    
Sec. 4. 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.
As added by P.L.176-2001, SEC.33.

IC 9-29-16-5
Contents of fund
    
Sec. 5. The fund consists of the following:
        (1) Fifty cents ($0.50) of each service charge or fee collected by license branches under the following:
            (A) IC 9-29-3-4
            (B) IC 9-29-3-6
            (C) IC 9-29-3-7
            (D) IC 9-29-3-8
            (E) IC 9-29-3-9
            (F) IC 9-29-3-10
            (G) IC 9-29-3-11
            (H) IC 9-29-3-12             (I) IC 9-29-3-14
            (J) IC 9-29-3-18
            (K) IC 9-29-15-1
            (L) IC 9-29-15-4
        (2) Money deposited with the approval of the budget agency in the fund from any part of:
            (A) a service fee established under IC 9-29-3-19; or
            (B) an increase of a service fee increased under IC 9-29-3-19.
        (3) Money received from any other source, including appropriations.
As added by P.L.176-2001, SEC.33. Amended by P.L.224-2003, SEC.63.

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