IC 10-15-3
    Chapter 3. Funds

IC 10-15-3-1
Establishment
    Sec. 1. (a) The Indiana homeland security fund is established tofund projects of the department of homeland security.
    (b) The fund established by subsection (a) consists of:
        (1) gifts and proceeds received under section 5 of this chapter;and
        (2) fees from license plates as set forth in section 6 of thischapter.
As added by P.L.2-2003, SEC.6. Amended by P.L.101-2006, SEC.9.

IC 10-15-3-2
Repealed
    (Repealed by P.L.101-2006, SEC.39.)

IC 10-15-3-3
Repealed
    (Repealed by P.L.101-2006, SEC.39.)

IC 10-15-3-4
Duties of foundation
    Sec. 4. The foundation shall do the following:
        (1) Hold the fund in the name of the foundation.
        (2) Administer the fund.
        (3) Make all expenditures from the fund.
As added by P.L.2-2003, SEC.6. Amended by P.L.101-2006, SEC.10.

IC 10-15-3-5
Gifts of money
    Sec. 5. Gifts of money to the fund or the foundation or theproceeds from the sale of gifts donated to the fund or the foundationshall be deposited in the fund.
As added by P.L.2-2003, SEC.6. Amended by P.L.101-2006, SEC.11.

IC 10-15-3-6
Fees from license plates
    Sec. 6. Fees from license plates issued under IC 9-18-45 shall bedeposited in the fund.
As added by P.L.2-2003, SEC.6. Amended by P.L.101-2006, SEC.12.

IC 10-15-3-7
Administration expenses
    Sec. 7. The expenses of administering this chapter shall be paidfrom money in the fund.
As added by P.L.2-2003, SEC.6. Amended by P.L.101-2006, SEC.13.

IC 10-15-3-8 Money remains in fund
    Sec. 8. The money in the fund at the end of a state fiscal yearremains in the fund and does not revert to any other fund. If thefoundation is terminated, the money in the fund reverts to the fire andbuilding services fund established by IC 22-12-6-1.
As added by P.L.2-2003, SEC.6. Amended by P.L.101-2006, SEC.14.

IC 10-15-3-9
Audit
    Sec. 9. The fund is subject to audit by the state board of accounts.
As added by P.L.2-2003, SEC.6. Amended by P.L.101-2006, SEC.15.

IC 10-15-3-10
Tax exemptions
    Sec. 10. The foundation is exempt from taxes on real and personalproperty that the foundation acquires or disposes of or as aconsequence of the foundation's transactions.
As added by P.L.2-2003, SEC.6.

IC 10-15-3-11
Annual report
    Sec. 11. Before October 1 of each year, the foundation shallprepare an annual report concerning the foundation's activities for theprior year for the public and the general assembly. A report preparedunder this section for the general assembly must be in an electronicformat under IC 5-14-6.
As added by P.L.2-2003, SEC.6. Amended by P.L.28-2004, SEC.81.

IC 10-15-3-12
Regional public safety training fund
    Sec. 12. (a) The regional public safety training fund is establishedfor the purpose of providing regional and advanced training forpublic safety service providers. The fund shall be administered by thedepartment.
    (b) The expenses of administering the fund shall be paid frommoney in the fund.
    (c) The treasurer of state shall invest the money in the fund notcurrently needed to meet the obligations of the fund in the samemanner as other public money may be invested. Interest that accruesfrom these investments shall be deposited in the fund.
    (d) Money in the fund at the end of a state fiscal year does notrevert to the state general fund. Any amount remaining in the fund atthe end of a state fiscal year that has not been encumbered shall betransferred to the fire training infrastructure fund established byIC 22-14-6-2.
As added by P.L.107-2007, SEC.10. Amended by P.L.57-2008,SEC.5.