Indiana § 14-39-2-10 - Carbon dioxide storage facility trust fund; reversion; appropriation
Full text of Indiana Indiana Code § 14-39-2-10 — Carbon dioxide storage facility trust fund; reversion; appropriation, with citation guidance and answers to common questions.
§ 14-39-2-10. Carbon dioxide storage facility trust fund; reversion; appropriation
Sec. 10. (a) The carbon dioxide storage facility trust fund is established for the purpose of defraying the costs incurred by the department for the long term monitoring and management of, including monitoring and managing the safety of, carbon sequestration projects. The fund shall be administered by the department.
(b) Fees collected by the department under section 9(b) of this chapter must be deposited in the carbon dioxide storage facility trust fund established by subsection (a).
(c) The carbon dioxide storage facility trust fund must be maintained as a special fund and all money in the fund is appropriated and may be used only to defray the costs incurred by the department for the long term monitoring and management of a carbon sequestration project.
(d) The fund consists of the following:
(1) Money deposited in or distributed to the fund under this article.
(2) Donations, gifts, grants, and money received from any other source, including appropriations or transfers from other funds or accounts.
(e) 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 money may be invested.
(f) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
(g) Money in the fund is continuously appropriated to the department to carry out the purposes of this article, subject to review by the budget committee.
As added by P.L.163-2022, SEC.2. Amended by P.L.25-2025, SEC.9; P.L.213-2025, SEC.140.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 14-39-2-10
What does Indiana Code § 14-39-2-10 cover?
Section 14-39-2-10 ("Carbon dioxide storage facility trust fund; reversion; appropriation") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 14-39-2-10?
A common citation format is "Indiana Code § 14-39-2-10" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 14-39-2-10 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.