Indiana § 4-12-16-8 - Money in the fund does not revert

§ 4-12-16-8. Money in the fund does not revert

Sec. 8. 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.217-2017, SEC.39.

IC 4-12-16.2Chapter 16.2. State Opioid Settlement Fund

4-12-16.2-1"Fund" 4-12-16.2-2State opioid settlement fund 4-12-16.2-3Sources of money for the fund 4-12-16.2-4Fund administered by the budget agency 4-12-16.2-5State unrestricted opioid settlement account; state abatement opioid settlement account 4-12-16.2-6Expenses paid from money in the state unrestricted opioid settlement account 4-12-16.2-7Investment of money in the fund 4-12-16.2-8Money in the fund does not revert

IC 4-12-16.2-1"Fund" Sec. 1. As used in this chapter, "fund" means the state opioid settlement fund established by section 2 of this chapter.

As added by P.L.201-2023, SEC.70.

IC 4-12-16.2-2State opioid settlement fund Sec. 2. The state opioid settlement fund is established.

As added by P.L.201-2023, SEC.70.

IC 4-12-16.2-3Sources of money for the fund Sec. 3. The fund consists of:

(1) all funds received by the state for the benefit of the state under:

(A) multi-state and Indiana specific opioid litigation settlements described in IC 4-6-15; and

(B) any other form of opioid litigation agreement that:

(i) is enforceable by a court; and

(ii) settles litigation between the state and another party;

(2) all money recovered as court costs or costs related to opioid litigation that is distributed to the fund under IC 4-6-15-4(a)(1) and IC 4-6-15-4(a)(3); and

(3) interest that accrues to the fund under section 7 of this chapter.

As added by P.L.201-2023, SEC.70.

IC 4-12-16.2-4Fund administered by the budget agency Sec. 4. The fund shall be administered by the budget agency.

As added by P.L.201-2023, SEC.70.

IC 4-12-16.2-5State unrestricted opioid settlement account; state abatement opioid settlement account Sec. 5. The following accounts are established within the fund:

(1) The state unrestricted opioid settlement account. The account consists of money distributed to the account under IC 4-6-15-4(a)(1) and any interest earnings that accrue to the fund under section 7 of this chapter. Expenditures from the account may be made only after appropriation of the money in the account by the general assembly. Money in the account must be used by the state for oversight and administration of programs for treatment, education, recovery, and prevention of opioid use disorder and any co-occurring substance use disorders or mental health issues.

(2) The state abatement opioid settlement account. The account consists of money distributed to the account under IC 4-6-15-4(a)(3) and the balance of any opioid litigation settlements remaining prior to the passage of P.L.72-2022. Money in the account is continuously appropriated to the office of the secretary of family and social services for treatment, education, recovery, and prevention programs for opioid use disorder and any co-occurring substance use disorder or mental health issues as defined or required by the settlement documents or court order. Before the funds received under this subdivision may be distributed, the office of the secretary of family and social services shall submit a distribution plan to the budget committee for review.

As added by P.L.201-2023, SEC.70.

IC 4-12-16.2-6Expenses paid from money in the state unrestricted opioid settlement account Sec. 6. The expenses of administering the fund shall be paid from money in the state unrestricted opioid settlement account established by section 5(1) of this chapter.

As added by P.L.201-2023, SEC.70.

IC 4-12-16.2-7Investment of money in the fund Sec. 7. 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. Interest that accrues from the investments shall be deposited in the state unrestricted opioid settlement account established by section 5(1) of this chapter.

As added by P.L.201-2023, SEC.70.

IC 4-12-16.2-8Money in the fund does not revert Sec. 8. 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.201-2023, SEC.70.

IC 4-12-16.3Chapter 16.3. Local Opioid Settlement Fund

4-12-16.3-1"Fund" 4-12-16.3-2Local opioid settlement fund 4-12-16.3-3Sources of money for the fund 4-12-16.3-4Fund administered by the attorney general 4-12-16.3-5Local unrestricted opioid settlement account; local abatement opioid settlement account 4-12-16.3-6Expenses paid from money in the local unrestricted opioid settlement account 4-12-16.3-7Investment of money in the fund 4-12-16.3-8Money in the fund does not revert

IC 4-12-16.3-1"Fund" Sec. 1. As used in this chapter, "fund" means the local opioid settlement fund established by section 2 of this chapter.

As added by P.L.201-2023, SEC.71.

IC 4-12-16.3-2Local opioid settlement fund Sec. 2. The local opioid settlement fund is established.

As added by P.L.201-2023, SEC.71.

IC 4-12-16.3-3Sources of money for the fund Sec. 3. The fund consists of:

(1) all funds received by the state for the benefit of communities under:

(A) multi-state and Indiana specific opioid litigation settlements described in IC 4-6-15; and

(B) any other form of opioid litigation agreement that:

(i) is enforceable by a court; and

(ii) settles litigation between the state and another party; and

(2) all money recovered as court costs or costs related to opioid litigation that is distributed to the fund under IC 4-6-15-4(a)(2) and IC 4-6-15-4(a)(4).

As added by P.L.201-2023, SEC.71.

IC 4-12-16.3-4Fund administered by the attorney general Sec. 4. The fund shall be administered by the office of the attorney general.

As added by P.L.201-2023, SEC.71.

IC 4-12-16.3-5Local unrestricted opioid settlement account; local abatement opioid settlement account Sec. 5. The following accounts are established within the fund:

(1) The local unrestricted opioid settlement account. The account consists of money distributed to the account under IC 4-6-15-4(a)(2). Money in the account is continuously appropriated to the office of the attorney general to make the distributions described in IC 4-6-15-4(a)(2).

(2) The local abatement opioid settlement account. The account consists of money distributed to the account under IC 4-6-15-4(a)(4). Money in the account is continuously appropriated to the office of the attorney general to make the distributions described in IC 4-6-15-4(a)(4).

As added by P.L.201-2023, SEC.71.

IC 4-12-16.3-6Expenses paid from money in the local unrestricted opioid settlement account Sec. 6. The expenses of administering the fund shall be paid from money in the local unrestricted opioid settlement account established by section 5(1) of this chapter.

As added by P.L.201-2023, SEC.71.

IC 4-12-16.3-7Investment of money in the fund Sec. 7. 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.

As added by P.L.201-2023, SEC.71.

IC 4-12-16.3-8Money in the fund does not revert Sec. 8. 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.201-2023, SEC.71.

IC 4-12-16.5Chapter 16.5. Special Transportation Flexibility Fund

4-12-16.5-1"Fund" 4-12-16.5-2Establishment of fund; uses

IC 4-12-16.5-1"Fund" Sec. 1. As used in this chapter, "fund" refers to the special transportation flexibility fund established by section 2 of this chapter.

As added by P.L.218-2017, SEC.1.

IC 4-12-16.5-2Establishment of fund; uses Sec. 2. (a) The special transportation flexibility fund is established. The fund consists of amounts deposited in the fund under IC 6-2.5-10-1.

(b) The budget agency shall administer the fund.

(c) The expenses of administering the fund shall be paid from money in the fund.

(d) 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. Interest that accrues from these investments shall be deposited in the fund.

(e) Money in the fund at the end of a state fiscal year does not revert to the state general fund.

(f) Except as provided in subsection (g), the budget agency shall, once every six (6) months, transfer the money in the fund to the state highway fund (IC 8-23-9-54).

(g) If the governor determines that a transfer of money to the state highway fund should not occur, the governor must notify the budget committee of this determination at least thirty (30) days before that transfer is to be made. If the governor notifies the budget committee of a determination as provided in this subsection, the budget committee must review the governor's determination not later than sixty (60) days after receiving the notification. If the governor provides such a notification, the governor may after review by the budget committee reallocate the money in the fund to be used instead for kindergarten through grade 12 education, health care, or child services, if the governor determines that federal or state revenues are insufficient to support those programs. However, if the budget committee does not meet to review the governor's determination within sixty (60) days after receiving notification of the determination, the scheduled transfer of money to the state highway fund shall be made.

As added by P.L.218-2017, SEC.1.

IC 4-12-17Chapter 17. State Agency Contingency Fund

4-12-17-1State agency contingency fund established; use of money; nonreverting; transfers prohibited