IC 4-12-6
    Chapter 6. Biomedical Technology and Basic Research TrustAccount

IC 4-12-6-1
"Account" defined
    Sec. 1. As used in this chapter, "account" refers to the biomedicaltechnology and basic research account established by section 3 ofthis chapter.
As added by P.L.21-2000, SEC.4. Amended by P.L.291-2001,SEC.60.

IC 4-12-6-2
"Master settlement agreement" defined
    Sec. 2. As used in this chapter, "master settlement agreement" hasthe meaning set forth in IC 24-3-3-6.
As added by P.L.21-2000, SEC.4.

IC 4-12-6-3
Establishment and purpose of account; administration
    Sec. 3. (a) The biomedical technology and basic research accountis established within the Indiana tobacco master settlementagreement fund for the purposes set forth in section 4 of this chapter.The account consists of:
        (1) amounts, if any, that another statute requires to bedistributed to the account from the Indiana tobacco mastersettlement agreement fund; and
        (2) grants, gifts, and donations intended for deposit in theaccount.
    (b) The account shall be administered by the budget agency.Money in the account at the end of the state fiscal year does notrevert to the state general fund but remains available for expenditure.
As added by P.L.21-2000, SEC.4. Amended by P.L.57-2001, SEC.1;P.L.291-2001, SEC.61.

IC 4-12-6-4
Distribution of money from account
    Sec. 4. Subject to appropriation by the general assembly, reviewby the budget committee, and approval by the budget agency, thetreasurer of state shall distribute money from the account to publicand private entities to support biomedical technology and basicresearch initiatives, giving priority to initiatives that address tobaccorelated illnesses and that leverage matching dollars from federal orprivate sources.
As added by P.L.21-2000, SEC.4. Amended by P.L.291-2001,SEC.62.

IC 4-12-6-5
Cumulative nature of appropriations and distributions
    Sec. 5. Appropriations and distributions from the account under

this chapter are in addition to and not in place of other appropriationsor distributions made for the same purpose.
As added by P.L.21-2000, SEC.4. Amended by P.L.291-2001,SEC.63.