IC 7.1-4-8
    Chapter 8. Postwar Construction Fund Collections andDistributions

IC 7.1-4-8-1
Deposit of excise taxes in fund
    Sec. 1. The department shall:
        (1) deposit daily with the treasurer of state:
            (A) four and three-fourths cents (4 3/4¢) of the beer excisetax rate collected on each gallon of beer or flavored maltbeverage;
            (B) one dollar and seventeen cents ($1.17) of the liquorexcise tax rate collected on each gallon of liquor; and
            (C) sixteen cents (16¢) of the wine excise tax rate collectedon each gallon of wine; and
        (2) not later than the fifth day of the following month, transferthe deposits under subdivision (1) into the postwar constructionfund.
(Formerly: Acts 1973, P.L.55, SEC.1; Acts 1973, P.L.56, SEC.27.)As amended by P.L.72-1996, SEC.19.

IC 7.1-4-8-2
Use of funds
    Sec. 2. The monies deposited in the postwar construction fundshall be used for construction by the state for the use of:
        (1) penal, benevolent, charitable and educational institutions ofthe state;
        (2) public safety projects of the state; and
        (3) municipal water and sewer infrastructure improvementsnecessary or useful for an institution or project described insubdivision (1) or (2).
(Formerly: Acts 1973, P.L.55, SEC.1.) As amended by P.L.234-2007,SEC.274.