Section 9-14-14-3 - State motor vehicle technology fund(a) The state motor vehicle technology fund is established for the purpose of paying for new technology as it becomes available to carry out the functions of the bureau. The bureau shall administer the fund. This fund is in addition to normal budgetary appropriations.(b) 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.(c) Money in the fund at the end of a state fiscal year does not revert to the state general fund.(d) There is annually appropriated to the bureau the money in the fund to procure as the need arises: (1) computer equipment and software;(2) telephone equipment and software;(3) electronic queue systems;(4) other related devices; or(5) technology services; subject to the approval of the budget agency.
(e) The fund consists of the following:(1) Money deposited in or distributed to the fund under this title.(2) Money deposited in the fund under IC 9-29-16-5 (before its repeal).(3) Money received from any other source, including appropriations.Pre-2016 Revision Citations: subsection (a) formerly 9-29-16-1; subsection (b) formerly 9-29-16-2; subsection (c) formerly 9-29-16-3; subsection (d) formerly 9-29-16-4; subsection (e) formerly 9-29-16-5.
Added by P.L. 198-2016, SEC. 194, eff. 7/1/2016.